Hello everyone,
I would like to share a significant analysis of an important index for all markets—the US Dollar Index Futures.
Firstly, in terms of technical analysis, we observe a clear breakout of the yellow trend followed by a pullback with significant volume. This indicates a long potential to the 1.618 Fibonacci level, which is $104,830 as a target.
What makes this index particularly crucial is its correlation with all other markets. Therefore, in the next few days, we can expect a decline in most stock markets, CFDs, and indices (S&P, NQ, YM), but an upside for the US Dollar Index.
Ibrouri
I would like to share a significant analysis of an important index for all markets—the US Dollar Index Futures.
Firstly, in terms of technical analysis, we observe a clear breakout of the yellow trend followed by a pullback with significant volume. This indicates a long potential to the 1.618 Fibonacci level, which is $104,830 as a target.
What makes this index particularly crucial is its correlation with all other markets. Therefore, in the next few days, we can expect a decline in most stock markets, CFDs, and indices (S&P, NQ, YM), but an upside for the US Dollar Index.
Ibrouri
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.