BOOM up and running would be closing some positions here due
currently USD weakness is dominated by fears over FED going negative interest rates. This means that cash savings are discouraged and more asset invesments are encouraged hence the deppreciation in USD and rise in stocks.
however, on a longer term picture i see USD heading higher due to the possible second full blown trade war between US and CHINA
this is the retail sentiment for EURUSD LONGS
-7% means retails are heavily shorting today
sl hunt for previous sellers
drawing your fib youll see some short
currently USD weakness is dominated by fears over FED going negative interest rates. This means that cash savings are discouraged and more asset invesments are encouraged hence the deppreciation in USD and rise in stocks.
however, on a longer term picture i see USD heading higher due to the possible second full blown trade war between US and CHINA
this is the retail sentiment for EURUSD LONGS
-7% means retails are heavily shorting today
sl hunt for previous sellers
drawing your fib youll see some short