butchjong
Long

DXY bullish move expected as range has broken.

INDEX:DXY   US DOLLAR CURRENCY INDEX
44 views
3
44 0
Technical Analysis:
  • As the range is broken, we sill most likely see the DXY hit the target zone between 105.41 to 105.79.

  • A pull back shoul be considered going further down to 50% of the range before finally going back up to the target zone.


Fundamental Analysis
Excerpts from Chair Janet Yellen Speech At The Executives' Club of Chicago, Chicago, Illinois:

The economy has essentially met the employment portion of our mandate and inflation is moving closer to our 2 percent objective

Looking ahead, we continue to expect the evolution of the economy to warrant further gradual increases in the target range for the federal funds rate.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out