The dollar index is breaking above the 104.00 level

The dollar index is breaking above the 104.00 level The dollar also continues to dominate this week, forming a new August high at 104.30 Dollar index chart analysis The dollar also continues to dominate this week, forming a new August high at the 104.30 level. Yesterday, we had less instability in the dollar’s value, falling to 103.30. There, we got new support and started the previous bullish trend. During the Asian trading session dollar breaks above 104.00, pushing us to today’s high. Potential higher targets are 104.40 and 104.50 levels. We need a negative consolidation and a pullback of the dollar below the 104.00 level for a bearish option. This could be the first sign of a potential decline in the dollar index. Potential lower targets are 103.80 and 103.60 levels. We would get additional support in the zone around 103.50 in the EMA50 moving average, which was our support throughout August. Later in the US session, we will have a report by Fed Chairman Jerome Powell on future monetary policy moves, interest rates, inflation rates, etc. Next week, we are expecting the US GDP news and the NFP report. The post The dollar index is breaking above the 104.00 level appeared first on FinanceBrokerage. [Image] Here are Some More Investing Tips and Resources. Enjoy! Sponsored ["Mastering Market Volatility: The Ultimate Bears & Bulls Battle Plan" Click here to get your FREE Battle Plan!]( [The dollar index is breaking above the 104.00 level]( The dollar index is breaking above the 104.00 level The dollar also continues to dominate this week, forming a new August high at 104.30 Dollar index chart analysis The dollar also continues to dominate this week, forming a new August high at the 104.30 level. Yesterday, we had less instability in the dollar’s value, falling to 103.30. There, we got new support and started the previous bullish trend. During the Asian trading session dollar breaks above 104.00, pushing us to today’s high. Potential higher targets are 104.40 and 104.50 levels. We need a negative consolidation and a pullback of the dollar below the 104.00 level for a bearish option. This could be the first sign of a potential decline in the dollar index. Potential lower targets are 103.80 and 103.60 levels. We would get additional support in the zone around 103.50 in the EMA50 moving average, which was our support throughout August. Later in the US session, we will have a report by Fed Chairman Jerome Powell on future monetary policy moves, interest rates, inflation rates, etc. Next week, we are expecting the US GDP news and the NFP report. The post The dollar index is breaking above the 104.00 level appeared first on FinanceBrokerage. [Continue Reading...]( [The dollar index is breaking above the 104.00 level]( And, in case you missed it: - [USDCHF and USDJPY: USDJPY is climbing to 146.00 levels]( - [Bitcoin and Ethereum: Bitcoin again at the $26000 level]( - [Gold and Silver: Gold finds support at the $1912 level]( - [Royal Caribbean Cruises Ltd. (NYSE:RCL) Shares Bought by Principal Financial Group Inc.]( - [Principal Financial Group Inc. Decreases Position in The Chemours Company (NYSE:CC)]( - FREE OR LOW COST INVESTING RESOURCES - [i]( [i]( [i]( [i]( Sponsored [Elevate Your Investment Game with the Hottest AI Stocks of 2023 - Down]( Are you ready to supercharge your investment portfolio with cutting-edge Artificial Intelligence (AI) stocks? Unlock the potential of AI-driven investments and gain valuable insights into the companies that are poised for remarkable growth. [Go HERE to Learn More]( By clicking this link you are subscribing to The Investing Council Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( - CLICK THE IMAGE BELOW FOR MORE INFORMATION - [i]( Good Investing! T. D. Thompson Founder & CEO [ProfitableInvestingTips.com]() ProfitableInvestingTips.com is an informational website for men and women who want to discover investing and trading products and strategies to educate themselves about the risks and benefits of investing and investing-related products. DISCLAIMER: Use of this Publisher's email, website and content, is subject to the Privacy Policy and Terms of Use published on Publisher's Website. Content marked as "sponsored" may be third party advertisements and are not endorsed or warranted by our staff or company. The content in our emails is for informational or entertainment use, and is not a substitute for professional advice. Always check with a qualified professional regarding investing and trading guidance. Be sure to do your own careful research before taking action based on anything you find in this content. If you no longer wish to receive our emails, click the link below: [Unsubscribe]( Net Wealth Consultants 6614 La Mora Drive Houston, Texas 77083 United States (888) 983-9123