USD is really the anchor which affects so many assets.
Forex: needless to say! USDCNH, GBPUSD....
Commodities: normally, USD has negative correlations with those. e.g. gold ,silver.
I've marked key zones on monthly, weekly as well as the daily chart. After breaking the previous low, I don't see any sign of reversal yet. In addition, the weak job data may imply further stimulus policy from Fed and Treasury.
Technically, the next daily demand zone is around 89. Let's see if any buyer pressure shows up there! Until then, I hold a bearish view of USD.
Forex: needless to say! USDCNH, GBPUSD....
Commodities: normally, USD has negative correlations with those. e.g. gold ,silver.
I've marked key zones on monthly, weekly as well as the daily chart. After breaking the previous low, I don't see any sign of reversal yet. In addition, the weak job data may imply further stimulus policy from Fed and Treasury.
Technically, the next daily demand zone is around 89. Let's see if any buyer pressure shows up there! Until then, I hold a bearish view of USD.
plan your trade and trade your plan
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plan your trade and trade your plan
Penerbitan berkaitan
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.