Dollar run seems to be over:
- Trade negotiations w/ China didn't lead anywhere & don't seem to lead to anything any time soon.
- Trump's legal troubles grow (tho Politico had this weekend that markets could rally on relief about an impeachment; but that's not anytime soon either)
- Earnings season is basically over
- Other majors (except GBP, of course :-)) picking up strength vs the dollar.
So, this could make a fine Short for the next couple of days; possibly until the next round of central bank decisions begins, starting w/ Bank of Canada Sept 5, followed by ECB & BOE Sept 13, and the Fed Sept 26.
But since we never know: Tight SL at 95.74; TPs at 94.08, 93.18, 92.22
- Trade negotiations w/ China didn't lead anywhere & don't seem to lead to anything any time soon.
- Trump's legal troubles grow (tho Politico had this weekend that markets could rally on relief about an impeachment; but that's not anytime soon either)
- Earnings season is basically over
- Other majors (except GBP, of course :-)) picking up strength vs the dollar.
So, this could make a fine Short for the next couple of days; possibly until the next round of central bank decisions begins, starting w/ Bank of Canada Sept 5, followed by ECB & BOE Sept 13, and the Fed Sept 26.
But since we never know: Tight SL at 95.74; TPs at 94.08, 93.18, 92.22
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.