"DXY's Upward Trajectory Amid September Caution"

In the upcoming week, my optimism remains steadfast. The DXY continues to exhibit an upward trajectory, with its target poised in that direction. The recent Break of Structure (BOS) formation on a higher time frame solidifies my conviction in the DXY's potential for further up move. However, a measure of caution stems as approaching month of September. It's worth noting that historical DXY seasonality contradicts the current chart dynamics.

My focus will be keenly set on the upcoming week, particularly post Wednesday. The release of Non-Farm Payrolls (NFP) news will undoubtedly steer market sentiments, presenting us with intriguing opportunities. To me, Tuesday and Wednesday hold significance, as these days dedicated to capitalize on potential market moves. In case the circumstances do not align favorably, I will sit and wait for good opportunity

Comment:

Today DXY was performing exactly as i was predicting i go short in eur in London bt now exist at break even as market is seek and destroy profile

Comment:

I find myself currently in a neutral position regarding this chart. I believe that more price action is necessary to accurately gauge the upcoming week's market trends. Until I have more information, I'm choosing to remain on the sidelines, particularly due to the impending NFP news announcement. This will likely provide crucial insights that will guide my next moves.

Order cancelled

Comment:

tp hit DXY takesout march high
chech out my eurusd in my profiles i had given nice sell call for eurusd in sept

Trade closed: target reached:

eur give nice sell setup while using dxy for eur setup see my profile