feds cutting rates? We will see later today. I am predicting bearish DXY. Came back to equilibrium of range into the consequent encroachment of weekly inversion fair value gap, taking out buyside liquidity whilst rebalancing a daily volume imbalance.
Bodies respecting C.E of H1 FVG away from H4 FVG. expecting downwards momentum in New York Session
This is going off the basis of a bearish reading in Initial Jobless Claims. If it’s bullish it could reverse at the daily volume imbalance. If it’s bullish it will push through it and take sell-side liquidity.
Following Bond buyback programme started on 29th May alongside weaker ISM news supported DXY idea from Sunday. This is the importance of preparing weekly outlooks so you know what you're looking out for.
Predicting Bearish Dollar Index, So believing in the strength of gold, Watching for SMT with silver to confirm longs from the Monthly FVG
Rate cuts, Rising bonds. Expecting rest of the year to bearish for the dollar
Predicting bullish BTC untill atleast 74k. Rebalanced liquidity in monthly FVG and is now displacing on the Daily Time Frame to take them highs. Supported by bearish Dollar.
Btc looking like it could hit the golden pocket around 37.8k.