USDOLLAR: Stronger Dollar Ahead As the Fed Remains Hawkish?
Hello Fellow Global Forex Trader, Here's a Technical outlook for USDOLLAR!
Price Action Analysis
USDOLLAR is moving in the bullish continuation trend. Furthermore, a breakout of the descending broadening wedge pattern signals a potential bullish scenario. The MACD Indicator made a golden cross, signifying possible upside movement to the target area.
Fundamental Drives
- The Fed Officials Keep Up Hawkish Calls
- Rising U.S Treasury Yields
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the USDOLLAR"
Price Action Analysis
USDOLLAR is moving in the bullish continuation trend. Furthermore, a breakout of the descending broadening wedge pattern signals a potential bullish scenario. The MACD Indicator made a golden cross, signifying possible upside movement to the target area.
Fundamental Drives
- The Fed Officials Keep Up Hawkish Calls
- Rising U.S Treasury Yields
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the USDOLLAR"
Dagangan ditutup: sasaran tercapai
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Penafian
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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.