Phoenixgm

Phoenixgm

this is idea linked from prevous post. DXY touched second time big monthly support line, and I am expecting it to reverse. Since goverment is now in gridlock dollar priced in for huge stimulus bill that is not happening, scenario for monday is gap up folowed by stock sellof.

Phoenixgm

DXY closed at top of resistance line and looking at candles it looks very bullish. Judging by the chart next week we should be expecting break to upside. This is the time when I take step back and try to asses situation from multiple angles. Regarding elections we have huge uncertainty in the air, judging by results we will have democrat president with democrat...