DXY begins its next dump to lower lows.
DXY
~93.50 has been broken on the downside. The two key remaining support levels to watch are 92.75 and 92.50. If these are both taken out, then lower lows below 91.75 are highly probable. If they hold, higher highs above 94.80 are still ahead. This is important for precious metals and miners, as they have been highly correlated on an inverse basis to this point. If the DXY falls, metals rise, and vice-versa.
Ideally, we are setting up for a negatively divergent higher high before DXY begins its next dump to lower lows.
~93.50 has been broken on the downside. The two key remaining support levels to watch are 92.75 and 92.50. If these are both taken out, then lower lows below 91.75 are highly probable. If they hold, higher highs above 94.80 are still ahead. This is important for precious metals and miners, as they have been highly correlated on an inverse basis to this point. If the DXY falls, metals rise, and vice-versa.
Ideally, we are setting up for a negatively divergent higher high before DXY begins its next dump to lower lows.
Nota
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.