New Zealand Dollar / U.S. Dollar forum
NZDUSD news for usd was good this should b still falling
DXY 
EURUSD 
GBPUSD 
AUDUSD NZDUSDNow that the FED rate decision has concluded this is probably my final post until after New Year's, as I doubt we will see any substantial price action these final two weeks due to the holidays.
Looking ahead for the long term, while I expect Dollar strength to prevail in Trump's 2nd term for its entirety, I'm still biased towards a bearish outlook next year at least for the Dollar, as I am expecting risk sentiment to return to the markets in full for 2025.
Over the course of next year, I'm aiming for price to make roughly a 10% retracement from current price, returning us back to the bottom of the multidecade uptrending channel.
From there, price will likely rebound for the long term, as after a year in office, the Trump Administration's policies will have had enough time to really take effect on the American economy.
NOTE: I feel the 0.618 Fibonacci level is crucial for this idea to play out as I have presented it. If price doesn't make a convincing rejection from that area, then likely we could see the Dollar continue to surge to the 2022 high, up to around 1.15.
THIS IS NOT FINANCIAL ADVICE. This is just my personal prediction.
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