US Dollar Uptrend

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USDX

Daily Chart: Price hit recent support. Look for price to bounce and resume its uptrend.

***Price bounces higher every time price consolidates in the areas of the moving averages.***

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تم فتح الصفقة

US Dollar bounced higher after touching key support area. Trend continuation, upside.

١٩ أغسطس ٢٠٢٢

تم فتح الصفقة

FEDs minutes more hawish than thought. FED may raise interest rates even more.

٢٤ أغسطس ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف

US Dollar extended gains, just a day before Jackson Hole. Fed expected to continue raising rates in order to stall inflation, this information is reflected in US dollar's rise.