Weekly Outlook based off DXY USD movements

TVC:DXY   U.S. Dollar Currency Index
As we come to a close this Friday DXY             has reached its 4hr channel bottom and began a slow climb showing possible signs of a reversal in progress. With high level news coming next week could send DXY             to its upper channel level + nearing rate news.

  • USD Durable Goods Orders (JUL P)
  • USD Advance Goods Trade Balance (JUL)
  • USD Gross Domestic Product (Annualized) (2Q S)
  • USD Gross Domestic Product Price Index (2Q S)
  • Fed Chair Yellen to Speak at Jackson Hole Policy Symposium

With a strong possible bullish DXY             we should see two major plays:

1) short oil*
2) short EU

*do research (Im short)
well played chief!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out