Unfortunately DXY (U.S Dollar) is likely to increase. Whatever downward price should be treated as suspicious, I will take a look at where CHN will be likely supported, same with Palladium. May be some significant selling, but this is expected as commodity prices will be retracing from here with a stronger dollar. This could however be invalid if commodity prices trend with the dollar, but that is unlikely. The U.S dollar will be reaching for 107.715.
AUDUSD, NZDUSD and other foreign currencies will likely be beat by the U.S dollar. If you're into forex definitely use your least risk allocation if going long on these pairs, as the bias is bearish. This is all my opinion only, best of luck traders!
Unfortunately DXY (U.S Dollar) is likely to increase. Whatever...
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Last
$1.30 |
Change
0.010(0.78%) |
Mkt cap ! $505.6M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.29 | $2.670M | 2.061M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 38610 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |