Dollar index will most likely go up over the next few weeks from a technical prospective. Bouncing off from support level.
From Fundamental side, some offshore investments will likely be pulled back to U.S. and borrowing to be done with U.S. banks due to perceived lower interest rate + safer environment.
Converting foreign currency to USD to purchase U.S. stocks will increase USD strength too.
Stoploss just below the support level. if stopped out monitor for re-entry opportunities.
Good luck
From Fundamental side, some offshore investments will likely be pulled back to U.S. and borrowing to be done with U.S. banks due to perceived lower interest rate + safer environment.
Converting foreign currency to USD to purchase U.S. stocks will increase USD strength too.
Stoploss just below the support level. if stopped out monitor for re-entry opportunities.
Good luck
İşlem aktif:
Move stop to breakeven
Yorum:
103.890 is good take profit level
Yorum:
Price movement stopped. time to take some profit, half or quarter.
İşlem kapandı: hedefe ulaştı:
partial close
Yorum:
near target
İşlem kapandı: hedefe ulaştı:
Trade closed, target reached.