Hello Guys,
Last week, this pair was strongly bearish as speculated (see my analysis below). The bearish leg ended up in a daily demand FVG and as we can see, it reacted strongly.
Also marked on the chart are the multiple buy-side liquidity I expect the price to hunt.
In addition to this, I had posted my analysis on the dollar index which I expect a short-term bearish movement in the dollar after which the bullish run will continue long term.
Follow me for more.
See below my previous XAGUSD (Silver) and US Dollar Index analysis.
Previous XAGUSD analysis
Current Dollar Index analysis
Cheers,
David
Last week, this pair was strongly bearish as speculated (see my analysis below). The bearish leg ended up in a daily demand FVG and as we can see, it reacted strongly.
Also marked on the chart are the multiple buy-side liquidity I expect the price to hunt.
In addition to this, I had posted my analysis on the dollar index which I expect a short-term bearish movement in the dollar after which the bullish run will continue long term.
Follow me for more.
See below my previous XAGUSD (Silver) and US Dollar Index analysis.
Previous XAGUSD analysis
Current Dollar Index analysis
Cheers,
David
Trade closed: target reached:
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