U.S. Dollar IndexShort
Dollar Index - Trump & Tariffs
With a lot of fundamental conflicts at play, one being the tariffs war on China, EU, Mexico and Canada (we don’t know yet if any more countries will be affected), we are seeing the result in price action.
We are trading in a range from 110.176 - 106.969 and so far, Dollar has managed to support the weekly BISI @ the 107.500 region but also trade up to and reject the 109.770 HTF PD array.
Ultimately, it will be fundamental news that will grant dollar the necessary volatility to run to liquidity pools. My guess, to the downside
We are trading in a range from 110.176 - 106.969 and so far, Dollar has managed to support the weekly BISI @ the 107.500 region but also trade up to and reject the 109.770 HTF PD array.
Ultimately, it will be fundamental news that will grant dollar the necessary volatility to run to liquidity pools. My guess, to the downside
Note
Mid-week analysis
Consequent encroachment of the nearby BISI has failed to breach indicating weakness to the upside movement.
107.027 is what i am interested in
Note
End of Week
Weekly price draw towards the daily bullish order block at 106.344 has been delivered
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.