Hello Traders!
New Update for the DXY. We can see two nice h4 Supply Zones which could drop the price.
WHY is DXY dropping?
Me personally I am not surprised about this drop . The DXY became weak due to the impact of the Corona Virus. The Dollar is loosing value. Devaluation. If this is the case then we will see the DXY dropping a lot. But I will make next time a more detailed analysis about the fundamentals concerning the FED. Let me know in the comment section what you think about the fundamentals on DXY combined with the impact of Covid 19.
Why do we need to analyze the DXY?
Actually I like to have a look on the DXY because of the Correlation. So the DXY is nice to use when we are trading XAUUSD , EURUSD , AUDUSD , GBPUSD , NZDUSD . Usually when the DXY goes up, the mentioned pairs will go down.
Thank you and we will see next time
- Darius.
New Update for the DXY. We can see two nice h4 Supply Zones which could drop the price.
WHY is DXY dropping?
Me personally I am not surprised about this drop . The DXY became weak due to the impact of the Corona Virus. The Dollar is loosing value. Devaluation. If this is the case then we will see the DXY dropping a lot. But I will make next time a more detailed analysis about the fundamentals concerning the FED. Let me know in the comment section what you think about the fundamentals on DXY combined with the impact of Covid 19.
Why do we need to analyze the DXY?
Actually I like to have a look on the DXY because of the Correlation. So the DXY is nice to use when we are trading XAUUSD , EURUSD , AUDUSD , GBPUSD , NZDUSD . Usually when the DXY goes up, the mentioned pairs will go down.
Thank you and we will see next time
- Darius.
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linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.