Whether DXY will recover soon before 2023 ends is an uncertain question that cannot be answered with certainty. The direction of the dollar index is influenced by a variety of factors, including the relative strength of the US economy, the actions of the Federal Reserve, and global economic conditions.
In recent months, the dollar index has been on a downward...
Over the past 20 years, the IFO Business Climate Index in Germany has been negative for four or more consecutive months on three occasions:
April 2020 to July 2020 (four months)
January 2011 to April 2011 (four months)
August 2008 to October 2008 (three months)
so the IFO Business Climate Index has never been negative for five consecutive months in the past 20...
EUR/USD will move up towards the resistance of 1.07000 and then reverse, continuing the long-term bearish trend of the daily chart, is certainly possible.
There are a few technical factors that support this prediction:
The EUR/USD pair has been trading in a downtrend on the daily chart for several months now.
The pair has recently reached a key resistance level...
I am not a professional trader but here what i can see, there is a missing leg for the current bearish trend just one last lower low, I CAN'T SEE THE FUTURE BUT i think the CPI would push the price up toward the supply zone of 4080, then the INTREST RATE decision will push the price down to the supply zone of 3800 breaking the lower trend line in white, if the...
