TY-Trading

DXY Index 20 May 2024

TY-Trading Updated   
TVC:DXY   U.S. Dollar Index
DXY Index

Analysis Week - 20 May 2024

Daily - Range
Cloud (D) - Within Cloud

Weekly - Range
Cloud (W) - Above Cloud

Mid Term - Range

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Apr/May Central Bank meeting:
ECB - Neutral
BOJ - Dovish
FED - Neutral
BOE - Bearish Vote, Neutral Fwd Guidance / Mixed
RBA - Neutral / Mixed
BOC - Neutral (Refer USD for Direction)

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Comments

Staying neutral while waiting for new price development

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Comment:
Analysis Week - 27 May 2024

Daily - Range
Cloud (D) - Within Cloud

Weekly - Range
Cloud (W) - Above Cloud

Mid Term - Range
Comment:
Analysis Week - 3 June 2024

Daily - Range
Cloud (D) - Within Cloud

Weekly - Range
Cloud (W) - Above Cloud

Mid Term - Range

Commentary
Expecting more range price action with a short term bearish outlook on DXY targeting ~103.80 (106.50-2.70)
Comment:
June Central Bank meeting:
ECB - 6 Jun 2024
BOJ - 14 Jun 2024
FED - 12 Jun 2024
BOE - 20 Jun 2024
RBA - 18 Jun 2024
SNB - 20 Jun 2024
BOC - 5 Jun 2024

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