Trade_Simple_FX

DXY D1 - Long term DXY Bull trend.

Long
TVC:DXY   U.S. Dollar Index
DXY D1

Still working from these higher timeframes, the trends are very evident, we can't help but notice the higher structure HL's/HH's.

We have a sequence of earnings figures for US stocks and this has a knock on effect with the DXY and XAU. Fuelled by FED rate and FOMC comments... We have seen dollar pullback.

However, things data points and risk headlines are still in the backing of a USD dollar, and even with these corrections seen not directly correlating with data release... We are still holding structure. If 105.000 breaks, this could be the pivot.

Want to find our more about us? Check out the website link below!

FREE Telegram: t.me/Trade_Simple_FX

Website - stan.store/TradeSimpleFX

Instagram: www.instagram.com/trade_simple_fx

e-Mail: info@tradesimplefx.com
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.