USOIL Trade Log - CPI Session
USOIL Short Trade Setup – CPI Session Incoming 🚨
- Instrument: West Texas Oil (USOIL)
- Timeframe: 4-Hour
- Risk: 1% max due to CPI volatility
- Risk-Reward Ratio: Minimum 1:2
Key Technical Analysis:
1. Price has reached a strong resistance zone within the 4H Fair Value Gap (FVG) and is showing signs of rejection.
2. The Kijun Weekly and 4H levels align with this area, increasing the probability of a reversal.
3. Market structure has been bearish overall, with a clear Break of Structure (BOS) and internal liquidity grabs.
CPI Session Volatility Warning:
- With the CPI release incoming, expect aggressive moves and potential liquidity sweeps before directional commitment.
- If price runs liquidity above the FVG and shows strong bearish confirmations, this becomes a high-probability short.
- Manage risk carefully – no need to overexpose with CPI in play.
Trade Plan:
- Entry: Within the 4H FVG upon bearish confirmation.
- Stop Loss: Above the FVG high to avoid CPI wicks.
- Take Profit: At least 1:2 RRR, ideally targeting recent lows.
Stay sharp, play the reaction, and don’t force the trade if the setup invalidates. CPI is where weak hands get rinsed! 💀
Trump
$TRUMP Memecoin Tanks 80%: What Went Wrong?The $TRUMP memecoin, a token inspired by the 45th U.S. President Donald Trump, has seen a dramatic collapse in value, plummeting to $15 per token—a staggering 80% drop from its all-time high of $75. This sharp decline has left investors reeling, especially after initial euphoria surrounding its launch and Trump’s swearing-in ceremony in early January 2025. But what caused this downturn, and is there hope for a recovery?
A Memecoin Built on Political Sentiment
$TRUMP was launched as a PolitFi (political finance) token, capitalizing on the fervor surrounding Donald Trump’s political career and his iconic "Fight, Fight, Fight" battle cry following a dramatic event on July 13, 2024. The token was marketed as a way to own a piece of history, celebrating Trump’s resilience and leadership. At its peak, $TRUMP reached $75, driven by hype and the emotional connection of Trump’s supporters.
However, memecoins like $TRUMP are inherently volatile and heavily reliant on sentiment rather than utility. Unlike projects with tangible use cases or technological innovations, $TRUMP’s value is tied to the popularity and perception of its namesake. As the initial excitement faded, so did the token’s price, leading to the current downturn.
Technical Analysis
From a technical perspective, $TRUMP’s price action tells a story of rapid gains followed by an even sharper correction. Here’s what the charts are showing:
1. Price Collapse:
$TRUMP has fallen from its all-time high of $75 to $15, marking an 80% loss. This kind of volatility is not uncommon in memecoins, which often experience parabolic rises and steep declines.
2. Immediate Resistance:
The $48 level is a critical resistance point for $TRUMP. Breaking above this level could reignite bullish momentum and signal a potential recovery. However, given the current market sentiment, this seems like a challenging hurdle.
3. Market Cap and Volume:
Despite the crash, $TRUMP still holds a market cap of $3.08 billion, ranking it #37 on CoinMarketCap. The 24-hour trading volume remains high at $900 million, indicating that there is still significant interest in the token. This liquidity could provide a foundation for a potential rebound.
4. Sentiment and RSI:
The Relative Strength Index (RSI) is in oversold territory, suggesting that the selling pressure may be exhausting itself. If buyers step in, this could create a short-term bounce, though sustained recovery would require a shift in market sentiment.
What Caused the Crash?
Several factors likely contributed to $TRUMP’s dramatic decline:
- Hype Fading: Memecoins often experience a "pump and dump" cycle, where early investors cash out after the initial surge, leaving latecomers to bear the losses.
- Lack of Utility: Unlike utility-driven cryptocurrencies, $TRUMP lacks a clear use case, making it vulnerable to sentiment-driven price swings.
- Market Conditions: Broader market trends and risk-off sentiment in the crypto space may have exacerbated the sell-off.
Conclusion
The rise and fall of $TRUMP serve as a reminder of the risks associated with memecoins. While they can offer explosive gains, they are equally prone to devastating losses. For $TRUMP, the path to recovery hinges on regaining market confidence and finding new catalysts to drive demand.
CAKEUSDT Falling Pattern Setup with 100%-150% Potential Gains CAKEUSDT has recently formed a Falling Pattern, a chart formation that typically signals a period of consolidation or potential reversal. This pattern is often seen in markets that are in the process of finding a bottom before making a sharp upward move. For CAKEUSDT, the pattern is accompanied by good volume, which indicates that there is solid market interest and a buildup of potential for a breakout. With a projected gain range of 100% to 150% or more, traders are watching this pair closely, hoping to capitalize on what could be a significant upward move once the price breaks out of the pattern's resistance.
The Falling Pattern typically shows a series of lower highs and lower lows, followed by a potential breakout when the price moves through the key resistance level. The increasing volume during this phase suggests that buyers are starting to take control, positioning themselves for a potential rally. Investors are growing more interested in CAKEUSDT as it shows signs of bottoming out and setting up for an explosive upward movement. If this pattern follows through, traders could see substantial returns as the price looks to reclaim its previous highs.
As with all chart patterns, the success of the Falling Pattern in CAKEUSDT depends on several factors, including broader market conditions and the overall sentiment in the crypto space. However, the good volume backing this pattern suggests a higher likelihood of a strong reversal. If CAKEUSDT can break above the resistance formed by the Falling Pattern, the next phase could be a sharp rally, potentially pushing the price higher and providing traders with significant profit opportunities.
Traders should remain cautious and monitor key support and resistance levels to make informed decisions as the price action unfolds. If the market continues to favor bullish momentum, CAKEUSDT could experience a strong breakout that leads to notable gains. Given the current technical setup and investor interest, this pair could be one to watch closely in the coming days or weeks for those looking to capitalize on the next big move.
Gold Wave 5 Bull Complete?! (UPDATE)Gold has been absolutely crazy since market open last night! With a huge 350 PIPS move up on market open, price crashed back down 600 PIPS overnight. This impulse move down is a strong indication the top for Wave 5 could be in.
Time for market structure to form its corrective phase now📉
"TRUMPUSDT ABCD Pattern Points to 200%-250% Potential Gains TRUMPUSDT has recently formed a strong ABCD pattern, a classic chart formation that often indicates a potential price reversal or continuation. The ABCD pattern is recognized for its precision and the clear path it suggests for future price movements. In the case of TRUMPUSDT, the pattern is unfolding with good volume, which is crucial for confirming the validity of this setup. With strong buy-side interest supporting the formation, the coin is gaining attention from traders looking for high-reward opportunities. The projected gains for this pattern are substantial, with expectations of a price surge in the range of 200% to 250% or more, provided the pattern plays out as anticipated.
The ABCD pattern in TRUMPUSDT suggests that after completing the initial phases of the pattern, the price is likely to enter a strong upward trend, especially as it nears the D point. The good volume accompanying this pattern is a positive indicator, as it shows that the market is behind this movement, and the setup could trigger a substantial breakout once the price breaks key resistance levels. Investors are already showing significant interest in this pair, which further validates the potential for an explosive move in the near future. Traders are advised to monitor key levels and entry points carefully to maximize the potential profit from this setup.
What makes the TRUMPUSDT chart particularly compelling is the confluence of technical factors. Along with the ABCD pattern, the strong volume and market interest suggest that the momentum could be on the verge of accelerating. If the price successfully breaks the resistance area around point D, it could quickly move higher and potentially retest previous highs, providing traders with the chance for massive returns. As the project gains more traction and investor confidence, the odds of this pattern materializing into a full bullish move increase.
In the broader context of the crypto market, the movement of TRUMPUSDT could be influenced by the trends of major altcoins and market sentiment. However, with the ABCD pattern setting the stage for potential gains, traders might find it a favorable time to enter the market. As always, patience and precision will be key to successfully capitalizing on this pattern. Keeping an eye on volume, key levels, and the overall market environment will be essential for anyone looking to make the most of this setup.
Gold's Parabolic Momentum After the FOMC CrashGold has entered full acceleration mode, displaying a textbook parabolic move following the recent FOMC-induced volatility. After an initial shakeout that saw weak hands liquidated, price has rebounded with unrelenting bullish momentum, carving out higher highs with surgical precision.
This parabolic curve reflects strong institutional demand, as each shallow dip is aggressively bought up, confirming that buyers remain firmly in control. The angle of ascent is steepening, signaling that we may be entering the euphoric phase of this trend.
Key levels to watch:
📈 If momentum sustains, the next logical targets could be previous key resistance zones or Fibonacci extension levels.
📉 A break of the parabolic curve could signal exhaustion and bring a deeper correction before the next leg up.
Is gold setting up for a blow-off top, or does this rally have more fuel left? Drop your thoughts below! 👇🔥 #Gold #Momentum #FOMC #Trading
TRUMPUSDTMEXC:TRUMPUSDT can drop quite a bit. The lower it goes, the more attractive it becomes. This is one of those currencies that can be relied upon in this market. However, it started off very expensive; it seems it needs to drop a lot more to become worthwhile for purchase. I usually have a very optimistic view of the market, and I think a price of $3.5 for buying this currency is a reasonable level. I emphasize that my approach to analyzing this market is optimistic, especially when one side of the deal is Trump, who sells everything for at least a hundred times its actual value. But the world is full of simple-minded people who intend to gamble on Trump's currency, and perhaps one can count on these people.
Binance coinBnb usdt Daily analysis
Time frame daily
Risk rewards ratio >2.3 👈
Target 830$
Technical analysis 👇
Look at the chart carefully
Bnb is moving between two gray lines and down side of this is strong support line
Three parts of Correction is finished and price start the fist part of moving.
Risks are Bubbling in the Nasdaq-100The Nasdaq-100 has led this cycle, driven by U.S. economic resilience and an unprecedented investment surge in artificial intelligence and cloud infrastructure.
However, risks are emerging from overvaluation, excessive AI spending that has yet to translate into revenue, and geopolitical uncertainties tied to the Trump administration.
With the Nasdaq-100 trading below its all-time high and lacking sufficient catalysts for a breakout, a near-term correction could occur if these risks materialize. Investors may consider a short position to capitalize on this potential downturn.
AI Spending and Overvaluation Risks
The "Magnificent Seven"—Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla—have dominated market sentiment, collectively accounting for approximately 63% of the Nasdaq-100's total market cap. This highlights the rally's extreme concentration.
Much of the momentum has been driven by high expectations for rapid growth in artificial intelligence, further amplifying the market's reliance on these key players.
The broader backdrop has also been supportive: US economic growth continues to surprise to the upside, with growth expected at 2.3% for the year, while corporate earnings—even more so for tech—are likely to rise 7-14%, as per multiple analyst outlooks.
However, recent earnings reports have injected caution into AI enthusiasm. Alphabet missed revenue forecasts, sending its stock down 7.3%, while AMD dropped 6.3% after weak data-center sales. Amazon's AWS posted $28.79B in revenue, just shy of the $28.84B estimate, raising concerns over AI over-spending.
Despite this, AI capex remains aggressive. Meta reaffirmed its $60-65B 2025 capex plan, despite $17B in Metaverse losses last year. Microsoft defended its Azure and OpenAI bets, while Alphabet, despite AI competition pressures , is committing $75B to AI infrastructure in 2025.
With ambitions and excitement all around, the market’s reaction toward these companies, in light of underwhelming earnings and efficient competition from China, has not been so forgiving.
Cracks are forming, and a more cautious approach to Nasdaq-100 exposure may be warranted.
Valuations are stretched, with the index’s forward P/E ratio at 34 , up from 28 in 2023. While the AI boom, particularly in consumer adoption, took off in early 2023, the market is now pricing in near-flawless execution—yet investors have yet to fully grapple with the rising costs, intensifying competition, and looming regulatory scrutiny.
Risks remain in some of the largest Nasdaq-100 stocks, particularly Nvidia and Tesla. Nvidia’s price-to-earnings (P/E) ratio of 50.7 raises concerns about its ability to sustain past explosive growth. Similarly, Tesla, with a P/E ratio of 183.6, faces headwinds from a slowdown in the EV industry, making its valuation increasingly vulnerable.
Political and Trade Uncertainty
Donald Trump’s return to the White House has generated significant energy and excitement. However, the extremity of his policies could create new trade uncertainties, particularly for companies dependent on Chinese supply chains and international revenue.
Since his inauguration, Trump has announced a series of tariffs against major trading partners. The risk of retaliatory measures raises the possibility of a full-blown trade war. His aggressive stance on trade could introduce sudden and unpredictable market volatility.
The previous trade war saw tariffs disrupt global tech supply chains and put pressure on corporate margins. For instance, in 2018-2019 Nasdaq-100 volatility spiked and tech earnings growth slowed.
If history repeats itself, the overextended valuations of Nasdaq-100 could probably get a reality check, particularly if these firms start guiding for higher costs in upcoming earnings calls.
Technicals Point to Upcoming Resistance
The moving averages for the Nasdaq-100 reflect a bullish sentiment owing to the strong rally for the past several months.
However, the ATH level of 22,100 has proven strong resistance with prices testing this level multiple times over the past few months. A strong catalyst may be required to pass this level.
During previous corrections, price has reached between the 50-day and 100-day simple moving average (SMA).
Momentum indicators suggest that a short-term downward trend may be imminent.
Periodic movements in the index suggest a downturn is imminent and prices may reach as far as the S1 pivot point at 20,700.
Options Signal Growing Bearish Sentiment
Options positioning on E-mini Nasdaq-100 futures and Micro E-mini Nasdaq-100 futures signals a bearish sentiment. OI and volume put/call ratio for both E-mini NQ and Micro E-mini NQ are greater than 1 suggesting higher put positioning than call. There is a particualrly high concentration of puts at the March expiry.
Source: CME QuikStrike
Hypothetical Trade Setup
Given the frothing risk factors impacting the Nasdaq-100, risk of a sharp decline is high. Elevated valuations, escalating trade tensions, and slowing AI rally, all risk a correction in the index.
This decline may materialize in the next 2–3 weeks, aligning with critical macroeconomic events, including Federal Reserve announcements, inflation data releases, and upcoming corporate earnings reports.
With a correction likely, investors can express this view using a short position in Micro E-mini Nasdaq 100 (MNQ) futures expiring in March (MNQH2025). Each contract requires initial margin of USD 2,303 as of 10/Feb and provides exposure to USD 2 x Nasdaq index (~43,400).
Investors can also use the standard E-mini NQ futures to express the same bearish view with larger notional sizes.
Entry: 21,700
Target: 21,200
Stop Loss: 22,100
Profit at Target: USD 1000 ((21,700-21,200) x 2)
Loss at Stop: USD 800 ((21,700-22,100) x 2)
Reward to Risk: 1.25x
CME Group lists a raft of products covering a range of asset classes more accessible while also enabling granular hedging for portfolio managers.
Portfolio managers can learn more on how to access these micro products by visiting CME Micro Products page on CME portal to discover micro-sized contracts to gain macro exposures.
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MARKET DATA
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$GAIL REVIVES US LNG PLANS POST-TRUMP BAN LIFTNSE:GAIL REVIVES US LNG PLANS POST-TRUMP BAN LIFT
1/7
Good morning, energy traders! ☀️⚡️
Major shake-up in the LNG world: India’s GAIL is back on the hunt for a US LNG stake or long-term deals. What’s fueling this move? Let’s break it down!
2/7 – THE BACKSTORY
• Trump administration lifts the ban on new LNG export permits.
• GAIL had plans on ice since 2023—now they’re back in action.
• Sandeep Kumar Gupta (GAIL’s chairman) says: “We’re reviving our plans to buy a stake or sign long-term LNG contracts.”
3/7 – WHY IT MATTERS
• LNG Prices: Expected to soften post-2026 as supply ramps up.
• Impact on India: Cheaper energy imports, eye on boosting gas to 15% of energy mix by 2030. ♻️
• US Benefit: Strengthens position as a global LNG exporter—hello, bullish signals for Cheniere Energy (LNG) and Venture Global!
4/7 – MARKET IMPACT
• Prices: More supply could translate to downward pressure on LNG prices.
• Investment Angle: US LNG producers & infrastructure might see capital inflows. Keep an eye on relevant tickers!
• Energy Security: India aims for a cleaner, more reliable energy mix—this is long-term strategy at play.
5/7 – STRATEGIC ANGLE
• Aligns with India’s push to expand natural gas usage from ~6% to 15% by 2030.
• US Gains: Jobs, economic boost, and stronger foothold in global energy markets.
• Trade Partnerships: Could deepen economic ties between US & India.
6/8 What’s your take on GAIL’s US LNG strategy?
1️⃣ Bullish on US LNG exports 🐂
2️⃣ Bearish on LNG prices post-2026 🐻
3️⃣ Waiting for more clarity ↔️
Vote below! 🗳️👇
7/7 – YOUR TRADING PLAYBOOK
• Short-Term: Watch for volatility in LNG stocks (like LNG, Venture Global). GAIL might see a spike on renewed interest.
• Long-Term: Growing LNG supply + India’s energy push = potential contrarian bet on energy stocks before the broader market catches up.
Key Levels for EURUSDOn Friday, EURUSD bounced off 1,0400 following the news.
If the price rises again, the levels from the news event will act as important resistance.
A breakout above these levels would confirm further upside movement.
This week, the key news event is on Wednesday, when U.S. inflation data will be released.
There aren't any good trading opportunities at current price levels.
$TRUMP: if you have not sold yet, you are late.$TRUMP won’t last forever—mark my words.
Of course, things could change if someone injects billions to prop it up, but that seems unlikely. Here’s a quick reality check:
- Trump is a politician, not your buddy.
- "Make America Great Again" really means "Make the U.S. Dollar Great Again"—don’t get fooled.
- Vampires crave blood, and politicians crave money—you’re not on their team.
They’ll rug you with a smile, and you’ll still come back for more. Why? Because deep down, you want to believe you're not like them, right?
Take your profits and invest in meaningful projects—ones that pay people, drive research and development, and build the future of this incredible industry. Don’t waste your energy on hype.
USDZAR sailing in turbulent Trump tidesLast week has been a rollercoaster for the ZAR after gaping up and touching a high of 19.00 in the early hours of Monday morning following the news of Trumps executive order. The rand however regained its footing as the news got digested which allowed the rand to pull the pair below the 50-day MA currently at 18.45. It seems as if an ABC corrective wave has taken place which is indicative of another 5-wave impulse higher for the pair.
The 50-day MA at 18.45 and the current yearly low of 18.30 serve as the critical levels to watch on the pair. A failed break below 18.30 will create a double bottom at this level which will leave the rand stranded ready to be pulled higher towards 19.22.
A break below 18.30 will however allow the rand to pull the pair out of the current upward channel and test the 200-day support at 18.12. This move will invalidate my current idea on the pair.
The main event to watch for the week is the US CPI print for January, which is expected to remain unchanged at 2.9%, just like it did back for the December print. US inflation has been ticking higher since October last year, almost right after the Fed started their cutting cycle and anything other than an inline or lower than expected CPI print will have the USDZAR packing and making its way above 19.00 since it will indicate that the Fed will stay higher for longer.
#TRUMP/USDT#TRUMP
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 15.35
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the Moving Average 100
Entry price 17.14
First target 19.62
Second target 22.00
Third target 24.32
EURUSD SHORTNFP came in lower than expected but unemployment rate declined. The next event coming up is US CPI, which is expected to go up. I am still maintaining a sell position because any higher than expected CPI will force the FED to continue holding. Also with the Trump's tariff threats I still anticipate the EURO to remain under pressure. Those with no entries watch for 1.03500 and go short.
Risk of 60% Loss in Trump’s Coin, $7 Target LoomsHello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for OFFICIAL TRUMP , 📚🎇
Given the current dynamics of the market and the intensity of the ongoing downtrend, there is a considerable risk of a sharp depreciation in Trump's official meme coin. The potential for a 60% drop remains significant, especially with the elevated volume observed in the bearish candles. While a few green candles may emerge temporarily to complete the corrective phase, several crucial support levels have already been breached. This coin, like many others, is in a downtrend, but it is poised to experience a more pronounced decline, with a target price of $7 in sight. 📚💡
🧨 Our team's main opinion is: 🧨
Trump's official meme coin is likely to drop at least 60%, with the possibility of temporary upward movements, but key supports have been lost, and it's expected to decline more than other coins, with a target price of $7.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
OFFICIAL TRUMP OPPORTUNITYThe Official Trump meme coin is currently valued at $25.79, having experienced a notable drop from its peak of $75. Even with this decline, the coin continues to capture attention in both the market and mainstream media. It's worth mentioning that some early investors might still be enjoying substantial profits. While the price is on a downward trend, there is potential for a recovery.
Moreover, the coin has established real-world applications, as it is accepted for bookings through Travala, a platform that facilitates crypto payments for flights, hotels, and activities. This acceptance could lead to increased selling as investors cash out, but it may also enhance the coin's value in the long run.
A significant portion of its supply remains unreleased, with 800 million coins set to enter circulation over the next three years, which could result in token dilution unless the market cap grows accordingly. The token's market has been volatile, characterised by swift price changes followed by steep declines.
Currently, it’s uncertain whether the coin will achieve lasting success or gradually fade away. Major exchanges hold a considerable share of the coin, while retail investors typically possess smaller amounts, yet they still play a role in the trading volume. Although there are worries about the coin's future due to intense selling pressure, it hasn't reached a stage that could be labeled a 'rug pull.' Despite the prevailing bearish sentiment, there is optimism that the coin could experience significant growth again, with some forecasts suggesting it might hit a $100 billion market cap.
I see a chance to accumulate within the designated area on the chart. Avoid becoming overly attached to lofty market cap predictions. Instead, establish an accumulation box and a profit-taking box. The strategy of dollar-cost averaging in and out has proven to be a reliable trading approach.
TRUMP vs MELANIA! Dont do the same mistake!Tired of getting liquidated when melania coin plays with you with a dead cat bounce? Change stances do shorts till 0.950 to 0.750! What a day what a hype! Trump is just getting ready to get some buyers, expecting a hyped move to $35 to fall to $10 lol! Just mark my words here!
Trump proposes Canada to become the 51st stateOn February 1 , Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada, along with 10% tariffs on Chinese goods. In response, Canada announced retaliatory tariffs of 25% on $155 billion worth of U.S. goods, with an initial phase of $30 billion taking effect on February 4. Mexico also implemented counter-tariffs. Trump reaffirmed his intention to impose tariffs on European imports but did not specify the details.
On February 2 , Trump stated that if Canada wants to avoid tariffs and taxes, it should become the 51st state of the United States. He argued that the U.S. should not be subsidizing Canada with hundreds of billions of dollars, as the country does not rely on Canadian resources. According to Trump, the U.S. has “unlimited energy resources,” sufficient timber supplies, and a growing domestic automobile industry. He added that without U.S. subsidies, Canada would struggle to remain economically viable, whereas joining the U.S. would provide lower taxes, better military protection, and exemption from tariffs.
On February 3 , during the European session, the following market trends were observed:
U.S. stock futures declined by 1.5–2.5%. The U.S. Dollar Index rose 1%, reaching 109.50. EUR/USD opened with a major bearish gap, dropping to 1.0210, losing over 1%.
GBP/USD fell below 1.2250 due to dollar strength.
In Australia, December retail sales fell by 0.1%, which was better than expected but failed to support the AUD. As a result, AUD/USD dropped 1.2%, falling below 0.6100.
USD/CAD surged significantly to 1.4792, the highest level since 2003.
USD/MXN hit 21.2882, marking a three-year high.
After reaching a record $2,800 on Friday, gold corrected lower on Monday, trading below $2,775.
DXY - Looking to Big PictureWhen we look back, when Trump first came, Dxy showed a 5.5% increase, Dxy goes to 103.5. And Trump Dxy is too expensive, the dollar is too expensive, it should fall, the statements started. Then Dxy's 14% decrease went to 88.5. Now Dxy is around 102.
I bought it directly as a fractal from August 15, 2016. If Dxy comes to around 104 until the election, the rapid increase with Trump's arrival corresponds to 110s. It has been an expected area for a long time and when Trump Dxy is at 110s, similarly, if the decrease starts with him saying the dollar is too expensive, it goes to 94s, fractal.
Here, my hopes begin and I say that it is still expensive at those levels, we will go down to 86s. This means a 4-year never-ending mega bull.
I applied the same fractal to the euro, and the much-anticipated 1.02s are here again. If I can get a fund, I will look for swing shorts at 1.12s. The fractal and events looked pretty good to me. It also fit the channel nicely.
FX:EURUSD