DXY US Dollar Index Macro View 13/01

2019년 1월 13일

Past week, US ISM Non-Manufacturing index dropped in December. US jobs openings and NFIB Index dropped. Consumer Price Index dropped 0.1% but core price inflation remained firm and consistent with the Federal Reserve’s inflation target.

DXY last week has broken H4 support at 95.70 levels and rebound turning that levels from support to resistance. Overall suggesting to watch 95.70 levels bounce break scenario. If prices go above levels, prices may reach 96.30 towards 97.70 progression. Or might range between 95.70 to 94.90 levels going forward.

Indicators:
Parabolic SAR – Bullish
MACD – Bullish
Stochastic – Moving towards overbought, Bullish
Overall - 3/3 - Bullish

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