Today's charts are closely related to the Dollar depreciation amid the global financial risks in 2016, specifically, the months of February and June as they established key levels to forecast the future of the #USD
"We can't publish this idea for you just yet"
"Wow, looks like you've used quite a few capital letters here. This can SEEM LIKE SHOUTING to a lot of folks on the internet. If you could please tone it down a touch, that'd be much...
According to the first law of the Andrews fork, the price has 80% probability of reaching the middle of the fork.
In the daily time, according to the death cross it has created, it confirms this decline.
8 Major Currencies at a Glance 01/02/2023
Class A BULL (new high moving average difference): JPY, EUR
Class A BEAR (new low moving average difference): AUD, NZD
Class B Bull (green moving averages but divergent moving averages difference): None
Class B Bear (the moving average is red but divergent moving averages difference): USD, CAD,...
Looking at an ultra value line with a dollar pullback. Low risk trade here. If we enter into the RSI support zone, bullish continuation expected. Even if this is the end of the dollar bullrun, the bounce from this level would be a great exit.
This content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. Investment involves risk.