Price target 11500
Bollinger time frame set to 1D, Length 20
^ DXY to test yellow trendline. Watching if this holds. Break below changes short term 11500 target.
^ Bearish divergence(10Y), 2,3,7y yields alike.
^ USDJPY overbought (EUR and GBP look neutral)
Expecting turbulence ahead. Earning reports and contrarian buying.
I'm less confident on a long to 11500. More optimistic about shorting if it gets there.
This is not financial advice.
^ DXY to test yellow trendline. Watching if this holds. Break below changes short term 11500 target.
^ Bearish divergence(10Y), 2,3,7y yields alike.
^ USDJPY overbought (EUR and GBP look neutral)
Expecting turbulence ahead. Earning reports and contrarian buying.
I'm less confident on a long to 11500. More optimistic about shorting if it gets there.
This is not financial advice.
Note
^ Macro look at smart money between yields and equities. Idea taken from SpotGamma, who tweeted something similar a few weeks back.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.