The DXY index experienced a notable drop after the CPI index announcement last week, and remains in a bearish trend on the 4hr chart.
With the Federal Reserve expected to complete its current interest rate hike cycle in May, there may be room for further dollar losses against other currencies.
With the support zone between 100,788 and 101,403 there could be a pulbak in that region. We continue to follow , since the BTc quotation is inversely proportional to the DXY appreciation
With the Federal Reserve expected to complete its current interest rate hike cycle in May, there may be room for further dollar losses against other currencies.
With the support zone between 100,788 and 101,403 there could be a pulbak in that region. We continue to follow , since the BTc quotation is inversely proportional to the DXY appreciation
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.