DXY showing some seller exhaustion here we are attempting another breakout of a wedge that we have been stuck in for about a year.
We have some classic bullish divergence on both the RSI and MACD weekly.
Along with the divergence we closed last week above the bottom trendline with a Bullish Pinbar which is a bullish candlestick reversal pattern commonly found near the end of downtrends.
The looks to be the final stand for the US Dollar as if we don't bounce here we are likely in serious trouble and will see much lower prices.
Based off the technical I expect us to see a sharp reversal to the upside and suspect that USD will perform well on USD Pairs and that stocks will do badly in the comings days and weeks.
We have some classic bullish divergence on both the RSI and MACD weekly.
Along with the divergence we closed last week above the bottom trendline with a Bullish Pinbar which is a bullish candlestick reversal pattern commonly found near the end of downtrends.
The looks to be the final stand for the US Dollar as if we don't bounce here we are likely in serious trouble and will see much lower prices.
Based off the technical I expect us to see a sharp reversal to the upside and suspect that USD will perform well on USD Pairs and that stocks will do badly in the comings days and weeks.
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Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.