Hello Traders!
Here I see that AU is looking to take out buy side liquidity.
I would like to see the 20 day high broken than a potential fade by the commercials.
Get retail to switch to a bullish stance then they increase their shorts and take profit from their longs.
We have a interest rate differential. America has the higher rate so they the yields are higher for DXY.
The central bank traders invest more in higher yield assets.
However I could be wrong but that's okay because it all speculation.
Here I see that AU is looking to take out buy side liquidity.
I would like to see the 20 day high broken than a potential fade by the commercials.
Get retail to switch to a bullish stance then they increase their shorts and take profit from their longs.
We have a interest rate differential. America has the higher rate so they the yields are higher for DXY.
The central bank traders invest more in higher yield assets.
However I could be wrong but that's okay because it all speculation.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.