US DOLLAR INDEX Statistics
USD 3YR RANGE: Bullish
NET POSITION TREND: 71%
LONG CHANGE: 8171
SHORT CHANGE: 6810
NET POSITION: 26,461
DXY: Bullish
NS3 (PA): NT
Happy weekend, dear traders. Check out the forecast for DXY for the week ahead. If you have any questions or concerns, please give me your feedback below. Using NS3 (PA), Monday's current price is within the Northern Territory. A possible rejection zone, as shown above, could hold. Compared to last week, DXY has gained momentum with 81% on the long side and 34% on the short side. With a 6-week Change in Strength Index of +12.5. I will add DXY to my watchlist if price reacts only in the area of the rejection zone.
USD 3YR RANGE: Bullish
NET POSITION TREND: 71%
LONG CHANGE: 8171
SHORT CHANGE: 6810
NET POSITION: 26,461
DXY: Bullish
NS3 (PA): NT
Happy weekend, dear traders. Check out the forecast for DXY for the week ahead. If you have any questions or concerns, please give me your feedback below. Using NS3 (PA), Monday's current price is within the Northern Territory. A possible rejection zone, as shown above, could hold. Compared to last week, DXY has gained momentum with 81% on the long side and 34% on the short side. With a 6-week Change in Strength Index of +12.5. I will add DXY to my watchlist if price reacts only in the area of the rejection zone.