Here is a short-term analysis on what we can expect from the
United States Dollar Index for the third (of four) full trading
weeks in August, 2022.
Looking for net pushes IN-trend (higher timeframes!) on pairs like
EURUSD, GBPUSD, and major US stock indices. A retest toward the
most recent high's of the index should be anticipated (at
minimum) over the next week or two..
Until the index can close below 105.0 on a 24H candle, I am
confident using this publishing as reference when it comes to
participating in the markets this week.
Bullish on USD for the next 2 weeks (fed rates rising long
term = short on XXXUSD pairs)
Please like and subscribe for more content on foreign exchange
markets, US economic markers and perspectives on bitcoin.
Proper risk management is key, as always..
Happy trading, and good luck!
United States Dollar Index for the third (of four) full trading
weeks in August, 2022.
Looking for net pushes IN-trend (higher timeframes!) on pairs like
EURUSD, GBPUSD, and major US stock indices. A retest toward the
most recent high's of the index should be anticipated (at
minimum) over the next week or two..
Until the index can close below 105.0 on a 24H candle, I am
confident using this publishing as reference when it comes to
participating in the markets this week.
Bullish on USD for the next 2 weeks (fed rates rising long
term = short on XXXUSD pairs)
Please like and subscribe for more content on foreign exchange
markets, US economic markers and perspectives on bitcoin.
Proper risk management is key, as always..
Happy trading, and good luck!
