Back
US dollar: buy position at a new 14-month high
The major bullish index has climbed 0.03 to 1.72 over the past week.
Jul 25, 2021
1 min read
Anna BakkerNews analyzer

The bulls are strengthening their position on the US dollar, the index of major players has risen over the last week by 0.03 to 1.72.

The COT report on the USDX index shows an increase in bullish positions in the US dollar. Large traders have been increasing their net position for the growth of USD for the third week already, at the same time, over the last month, hedgers have also increased their positions. Moreover, the net position peaked over the past 14 months. Large funds have strengthened their long positions in the dollar by 5% over the week. This trend, if it continues, is likely to lead to an increase in the US dollar against other currencies.

DX

This is the right time to open your long position in USDX. Choose a reliable broker and capitalize on the upcoming bull trend.

Last article
Read other articles
Anna Bakker News analyzer
The popularity of Shiba Inu (SHIBA) token has fallen 10 times in three months
Feb 3, 2022
1 min read
Anna Bakker News analyzer
Of the first hundred of CoinGecko, only five cryptocurrencies are in the green zone, of which SHIB shows the maximum growth
Oct 27, 2021
1 min read
Anna Bakker News analyzer
Biggest Facebook, Instagram and Whatsapp outage in 13 years on Monday night
Oct 5, 2021
1 min read
Forex Expert Advisors for your Profits
Forex trading robots based on AI. Innovative trading technologies for a stable growth of your profits