U.S DOLLAR ( DXY ) OVERVIEW
Hello traders!
A very slow week is behind us and we are stepping into the last month in the year December. As normally we are going to start with the DXY which is the catalyst for the market movements across the board.
Technical: As seen the last week was choppy with few pips up and few pips down until the Friday which one candle engulfed the whole week and gave us a sign for the bearish market condition, but first as seen on the chart I'm expecting a push up into the region before going down to the 98.00 mark.
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FREE TELEGRAM CHANNEL: t.me/etgfxtrade
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OFFICIAL INSTAGRAM PAGE: instagram.com/elitetrading_fx/
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Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
A very slow week is behind us and we are stepping into the last month in the year December. As normally we are going to start with the DXY which is the catalyst for the market movements across the board.
Technical: As seen the last week was choppy with few pips up and few pips down until the Friday which one candle engulfed the whole week and gave us a sign for the bearish market condition, but first as seen on the chart I'm expecting a push up into the region before going down to the 98.00 mark.
______________________________________________________________________
Feel free to visit our page for more info:
FREE TELEGRAM CHANNEL: t.me/etgfxtrade
MIRROR TRADING SYSTEM: elitetradingfx.com/mirror-trading/
OFFICIAL INSTAGRAM PAGE: instagram.com/elitetrading_fx/
______________________________________________________________________
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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