DXY Dollar strenght ahead?
Fundamentals:
The US #10year #yield is aiming for 4% whilst the US 2 year yield is aiming its previous hight.
This is most probably on the back of higher sticky inflation which will require higher rates from the FED. This development is positive for the relative strenth of the #dollar in the #dxy
Technicals:
On a weekly graph, the DXY (inspite of a short spike) has traded inside a falling wedge. We are now trading at the top of the falling wedge.
Within the falling wedge, we currently have a right shoulder as part of an inverse head & shoulders pattern.
Potential Upside:
If we see both the falling wedge and inverse head & shoulders breaking to the top, the wedge's projected move is marked in yellow and the inverse head & shoulders projected moves are marked in white.
The US #10year #yield is aiming for 4% whilst the US 2 year yield is aiming its previous hight.
This is most probably on the back of higher sticky inflation which will require higher rates from the FED. This development is positive for the relative strenth of the #dollar in the #dxy
Technicals:
On a weekly graph, the DXY (inspite of a short spike) has traded inside a falling wedge. We are now trading at the top of the falling wedge.
Within the falling wedge, we currently have a right shoulder as part of an inverse head & shoulders pattern.
Potential Upside:
If we see both the falling wedge and inverse head & shoulders breaking to the top, the wedge's projected move is marked in yellow and the inverse head & shoulders projected moves are marked in white.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。