DXY Monthly cautiously bullish. Recommended ratio: 70% DXY, 30% Cash. *SPECULATION POST. This is my most ambitious TA yet, it is entirely speculative and inspired by recent geopolitical and macroeconomic events. On the left Y-Axis is the FFR to show the visual relationship between DXY and FFR. This chart essentially posits that we are on the brink of something...
DXY Daily cautiously bearish. Recommended ratio: 25% DXY, 75% Cash. * US Treasury Secretary Janet Yellen was interviewed by NBC and explained that due to strong consumer demand, credit quality and employment, the widely anticipated two consecutive quarters of negative GDP would not constitute a recession. She is essentially the White House mouthpiece for the...
In this Video I'll show you how to use the DXY correctly to measure the Value of the Market as a whole. This tool is something a lot of traders use to gauge the strength of the market as the USD often rules the financial world. We will also look at the current state of the market.. Trade light and trade safely.
Looks like we are about to see apump with the previous news. Could be a good chance to go long... but market is still very volatile so I`m cautious wit haggressive management!
Weekly - 1st week of June the market shorted through a strong support level with no retest. Daily - Market is retracing in a corrective manner. Investors moving money to safe havens like Gold and Silver. 4HR - Market is discretely in an uptrend and expecting a push towards 98.00 1HR - Watching for how the market reacts around 98.00 and the 68 fib level. REMEMBER...
if resistance (97.56) holds, sell to 96.79
Ultimately I want to see the DXY under weekly structure ( lower yellow zone). Blue zones are 4H structure
Hi traders, after a doubletop at the daily timeframe we will see more weakness on USD. So be paitient if you hold AUDUSD and NZDUSD long. The XXXUSD pairs will show more bullish movements next week. Have a good weekend. Your Stefan Forex
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron