DXY is pressing into a key support zone around 98.0 after fading geopolitical-driven gains. Markets continue to lean toward de-escalation despite failed US-Iran talks, with softer oil adding downside pressure to the dollar.
Technically, this level is important—previous resistance turned support. A hold here could trigger a short-term bounce, especially with sentiment already stretched. However, a clean break lower opens the door toward pre-conflict levels.
For now, rallies look sellable unless tensions materially escalate.
Technically, this level is important—previous resistance turned support. A hold here could trigger a short-term bounce, especially with sentiment already stretched. However, a clean break lower opens the door toward pre-conflict levels.
For now, rallies look sellable unless tensions materially escalate.
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
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Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
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Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
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Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.