Telah dikemas kini

DXY: The direction of the USD in the next few days is critical

for both the stock market and commodities.It is going through a wave 4 counter trend rally. It bounced off the pivot and should seek out the next higher resistance which is R1. The Bollinger bands are starting to narrow which means a movement towards the middle. A=C also targets the Fib 23.6%. Based on all these factors, the USD should move up in the short term. This seems to fit the narrative that stocks are heading into an intermediate cycle high (ICH) and silver quite possible finishing up a wave 4 B.

Nota

A=C right on the money

Will_Wong

Penerbitan berkaitan

DXY-A macro view. With the FED committed to reducing its balance

oleh Will_Wong

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.