Indice Dollaro americano
Short

Dollar weakness continues

66
DXY CMP 100.939

Elliott- thats a zig zag corrective pattern. The C leg which is very fast and steep is underway.

Fibs- Two tgts one at 96 and the other at 93. We will look at our indicators at these zones for reversal.

Channel - The lower support channel is around the 93 fib support.

MA-the longer Ma support is around the 93 /89 zone. So that zone is a high prob reveral zone.

Conclusion - weakness in dollar means good for the emerging equity mkts. Good for commodities and of course precious metals. So focus on them.

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.