DXY (US-DOLLAR) playing GAMES! Good momen tum coming soon?
Updated
Hey tradomaniacs,
looking at DXY we can clearly see how the market does not know what to do.
It`s kinda hard to say where majors go as long as DXY (US-DOLLAR-BASKET) is playing these games.
After three attempts to break through the resistance while SPX500 has shown a fakeout below a Key-Support-Level yesterday DXY continues to consolidate in a range.
I`m carefully watching the current market-depth but its just an random up and down.
A break into any direction will probably cause good momentums to catch.
Stimulus seems to be impossible ahead the election so a break to the upside could be likely.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
looking at DXY we can clearly see how the market does not know what to do.
It`s kinda hard to say where majors go as long as DXY (US-DOLLAR-BASKET) is playing these games.
After three attempts to break through the resistance while SPX500 has shown a fakeout below a Key-Support-Level yesterday DXY continues to consolidate in a range.
I`m carefully watching the current market-depth but its just an random up and down.
A break into any direction will probably cause good momentums to catch.
Stimulus seems to be impossible ahead the election so a break to the upside could be likely.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Comment
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