30 yr yield is already making lower lows since March 2019 (signaling risk). Shouldn't DXY be negatively correlated to it? DXY has recently dipped below a yearly low to collect liquidity. It's also an exit for trapped sellers from Jan 2018 low (blue box). Watch out for a rally on monthly charts for DXY! DXY up => risk OFF => Crash in stock market. Let's see how...
good morning traders i am looking to try trade a pivot point on the usdcad. i am looking yo be one of the first buyers on usdcad and i would really like for a clear bull push to the up side from the long standing demand zone we are currently in and i am going to be going long and i will be treating this trade as a swing trade so it may take a week or two to play...
For those interested in similar patterns playing out in the market, here's a look at the DXY. If it continues to play out, then it suggests higher highs incoming.
Even though financing rates against Lira are quite painful, we believe it will take a day to complete this. Last time we spotted the move down even though we got stopped. Entry: 5.875 Stop: 5.835 Target: 5.93 Have a nice week! Follow for more.
USD/SEK changes the trend starting from this week and goes for the eye! Follow for more. Entry: 9.37 Stop-Loss: 9.27 Target: 9.55 Have a nice week!
USD turns the tables and starts to beat developing country currencies. My target is for the main trend, if you wish, you can take your first profit at the level in 19.07. Follow to hear more. Entry: 18.895 Stop: 18.75 Target: 19.25 Have a nice week!
dollar index bullish - H4 demand retest and we good to go
The dollar returns to its peak that it was 24 days ago, there is a possibility that it will stop here and create a double top template and then the dollar will come back down, We believe this time the dollar will break the resistance at $ 99.08. Target: $ 100
Please note the graph above: The dollar returned to the range between support for 95.4 and resistance at 97.4. In a normal situation, the recommendation is buying close to the support line and selling close to the resistance line, but not on this case as you can see that every time the dollar touched the 200 moving average line (yellow line) is back to rise and it...