It could be the euro's time to shineThis may not be a popular theme, but that is usually the case at turning points. Like it or not, EUR/USD bears have failed to break the August low, and the rally on the USD index and yields looks exhausted. Every trend needs a retracement, and I suspect a small one, at a minimum, is due.
MS.
Dollar Index Futures DX1!
USD, yields surge on Fed pushback, Trump rebound After just one day of retracing on Friday, the USD bull regained momentum on Monday thanks to Fed members continuing to push back on aggressive easing. Markets are also pricing in a Trump win with some polls suggesting he is ahead in three key states and some bookies even touting for him to win. In the current climate, USD/JPY could be at 152 before we know it.
MS
The dollar surge takes a breather, pullback pending?We finally saw the USD rebound I was beating the drum about back in September. But now it's hit a decent resistance zone, I weigh up its potential to hold its ground or producer a deeper pullback. Markets covered include the USD index, EUR/USD and gold.
MS.
Why the US dollar bear should tread with careThe USD saw a sharp reversal higher despite a 50bp cut, simply because the markets were positioned for a more dovish dot plot. I have argued in prior analysis the USD exposure is a bit stretched over the near-term, so perhaps shorting the USD is getting a bit stale. We also have several key markets at inflection points after a risk event. Matt Simpson takes a technical look.
USD bears! Markets don't move in a straight line (forever)We stand back to admire the long-term chart of the US dollar index, and yes there could be further downside over the coming weeks. But a quick check on the daily timeframe makes us wary of jumping into an already well-established short, given potential support levels nearby and the fact everyone and their dogs seem to be bearish the dollar.
Complete Dollar (DXY) Top Down Analysis =Where Is It Headed Now?Traders and Investors,
Dollar has been on a run again and it is moving towards our multi year target of 113 which we predicted nearly 2 years ago. Although it completed a W pattern and was inside an FCP zone, it did not have a substantial correction. On smaller time frames, it showed a little retaracement but that was not enough. The strength in dollar is taking it to our next multi year target of 113 zone. This zone again will have potential to push the price down or at least sow it a bit. After that we will have 116 as a new intermediate resistance followed by 127 zone.
In this DXY (Dollar) technical analysis we will study few scenarios which can help in understanding what is about to come next few days/weeks.
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DOLLAR - It reminds me of Wolverine... They keep printing it... but it keeps rising
The dollar reminds me of the experiment done on Wolverine, pumped him up with lot's of Adamantium until he became a beast. So here we go we have tons of new dollars but they are heavier than most would understand.
Fed-men Apocalypse, the rise of the mighty X-dollar
How the value of the Dollar and Gold impact marketsThis is a little different than what I usually do. Very straight forward line charts of the IXIC, DJI, and SPY. Showing how the changes in the value of the Dollar over Gold, impact the market. I know this isn’t the only influencing factor, as each market has its own levers, but this simple deviation of the two can weigh heavily on the markets.
TOP 5. Issue 16 from 24.11.2019Weekly update with the outlook on my favorite trading instruments where I place around 90% of the deals.
These include: Gold , Crude Oil , EURUSD pair and the Emerging markets via USDRUB .
If you like what you see, please fell free to hit the Like bottom and leave your comments.
Disclaimer:
By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
TOP 5. Issue 15 from 17.11.2019Weekly update with the outlook on my 5 favorite trading instruments where I place around 90% of the deals.
These include: Gold , Crude Oil , EURUSD pair and the Emerging markets via USDRUB .
If you like what you see, please fell free to hit the Like bottom and leave your comments.
Disclaimer:
By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.