dollar Index to fall towards 101, 100
Dollar index has been weak on recent weeks and this move is likely to continue. I expect 
DAX to continue falling towards it's previous support and resistance levels at around 102, 101 then 100
If this move happens then it is good news for pairs like
EURUSD and 
GBPUSD as they are all set to drift north. Fundamentally news have been against the dollar recently. On monday 3rd we had US ISM Manufacturing figures which came lower than expected. Today 4thmay24 their is JOLTS Job opening report which is also expected to be lower and this will be a negative driver for dax.
Always do your own research before pulling and shots .
Use a hard stop loss and good luck. Check my socials and follow for updates
DAX to continue falling towards it's previous support and resistance levels at around 102, 101 then 100If this move happens then it is good news for pairs like
EURUSD and GBPUSD as they are all set to drift north. Fundamentally news have been against the dollar recently. On monday 3rd we had US ISM Manufacturing figures which came lower than expected. Today 4thmay24 their is JOLTS Job opening report which is also expected to be lower and this will be a negative driver for dax.Always do your own research before pulling and shots .
Use a hard stop loss and good luck. Check my socials and follow for updates
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.