Further to our previous idea:
Further to our previous Tradingview posts, the World's exchange currency, the mighty Greenback is under support and could potentially freefall.
Again, some hawkish statement from the Federal Reserve will be needed to save the day. Some indication of an upcoming rate hike might do the job...or it might not.
Until such an event happens (Feds commenting or deciding on monetary policy adjustments) the dollar will be dropping, as only news can boost it up at this point.
ps. Dollar index measures dollar against a basket of other major currencies
the FXPROFESSOR
Further to our previous Tradingview posts, the World's exchange currency, the mighty Greenback is under support and could potentially freefall.
Again, some hawkish statement from the Federal Reserve will be needed to save the day. Some indication of an upcoming rate hike might do the job...or it might not.
Until such an event happens (Feds commenting or deciding on monetary policy adjustments) the dollar will be dropping, as only news can boost it up at this point.
ps. Dollar index measures dollar against a basket of other major currencies
the FXPROFESSOR
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
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.
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
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.