the_gats

the_gats Updated 

I want to long EURUSD here, kinda looks nice. Good risk reward, expecting a rejection in this area.

the_gats Updated 

My view for the next week(s) for DXY. FUNDAMENTALS: Following the new trend started in 2024 and displayed in January and February, DXY infact did a new 4h and daily break of structure to the upside, giving a clear shift in sentiment. The fast devaluation of dollar regarding the early cuts is being rejected and in the last FOMC and Powell interview he made very...

the_gats Updated 

My DXY view for this first Q of 2024. FUNDAMENTALS: We started with a clear shift of sentiment this year. Last two months of 2023, market rapidly priced rate cuts into the usd dollar, expecting cuts as early as March also J. Powell gave the most dovish speech in his career in the hopes that inflation will slow down faster than expected an attemp to save banks...

the_gats Updated 

Sup, I think dxy is going to retrace christmass and new years week, and after the holidays it's going to continue the selling pressure. Why? Because market needs liquidity in this time and where is more likely to find it? Going for Stop hunts on previous sell areas. Also is end of year and a lot of banks and hedge funds are taking profits from USD shorts.

the_gats Updated 

Sup, Bad data from everyone last week, bad data from everyone this week. Good data from US, gonna give a "hope" of hike or later cuts, buy the rumour, sell the news kind of thing.

the_gats Updated 

Hello, I believe that DXY will correct creating a bullish leg focusing the massive imbalance created by FOMC. My target between is -0.272 and -0.618 of the fibonacci extension created on this bullish momentum. This is created by a weekly support and 0.71 fibonacci of the HTF.