Dollar: Weekly Forecast 10th - 14th February 2020
The dollar has climbed for 5 consecutive days last week.
The U.S. economic data released were all better than forecast except for manufacturing PMI that's somewhat shrinking.
During NFP, the dollar had a temporary pullback, probably due to overbought sentiment, but quickly picked up again and broke a 4-month high.
As the price continues to create higher highs and lows and shown no sign of reversal, the price is expected to climb further.
The occurrence of 5 consecutive bullish candles is not common and thus increases the odds of a pullback.
The U.S. economic data released were all better than forecast except for manufacturing PMI that's somewhat shrinking.
During NFP, the dollar had a temporary pullback, probably due to overbought sentiment, but quickly picked up again and broke a 4-month high.
As the price continues to create higher highs and lows and shown no sign of reversal, the price is expected to climb further.
The occurrence of 5 consecutive bullish candles is not common and thus increases the odds of a pullback.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.