King Dollar might head to 99.70 to 100.30 Area before correction

i do expect the DXY King Dollar to have some room to move to the upside in the area of 99.70 to 100.3 . This is the area that BIG BOYs expect the King Dollar to peak and start reversing the trend to Bearish if sentiment towards US-CHINA trade changes ( Time Scope: 0 to 6 months from October 2019) . If not then expect King Dollar to keep on matching forward
Nota
DXY is back just below 99.00 level after speculators from Europe seen selling the Dollar during the Open and Buying the EuroNota
King Dollar has been tumbling even with Worse data from EURO Zone. The EURUSD has clinched the 1.1009 handle and is now above 1.1000 after 5 days of trying but can it hold and push to the upside US-CHINA Trade negotiations are weighing heavily on what is going on
EURUSD will try and take advantage of that and rally a bit
Nota
Dollar tumbling quicklyNota
Very volatile weird day on the news spectrum- Dollar Tumbles on US-CHINA trade conflicting news.
- EURUSD Rally on worse economic data ( BULL TRAP ? ) -- may be on this
- GBPUSD rally on worse economic data
There is a huge divergence between " BIG BOYS" fundamentals and the FX spot prices & Future prices. Whenever this happens there is always PAIN to follow.
Whether EURUSD rally beyond 1.1025 to 1.1080 region continues remain to be seen
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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.