DXY Analysis - Supply Demand - daily, h4 - GOLD, GBPUSD, EURUSD

30 Nis 2020

Hello Traders!

Quick Update on DXY. I marked some daily zones for you guys. We will soon touch the Trend Line. Also at this area we a have a daily Demand Zone.

What can we expect:
We can expect a push to the upside. At least to the h4 Supply Zone.

GOLD, GBPUSD, EURUSD:
I like to use the DXY as a correlation pair for the mentioned pairs. Usually when DXY goes up, the other pairs will go up because they are XXXUSD Pairs. This is why it is great to analyze the DXY. Often it is an additional information for you to make your trading decision.

Just check out my other analysis for the XXXUSD - Pairs.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.