OliverWoods

OliverWoods Updated 

Reasons for USD weakness : - US2Y reached its max at around %5 which already price no more hike or maybe one last %0.25 hike by the FED - PMI, consumer sentiment, personal spending, PCE price index are going back down - SVB and other banks issue was backed up by Gov authorities...

OliverWoods Updated 

Fundamental Idea (that most of market participant) agree with: Russian invasion of Ukraine. High US inflation . Russia Ukraine peace talk. Bridge: D1 => Uptrend because of Russia declared war to Ukraine. Bridge: H4 => Uptrend because of Russia declared war to Ukraine + power outage and fear of Chernobyl being bombarded ( Brief spike in the price ). Bridge: H1 =>...