Long DXY
Updated
Long the US dollar over a minimum 9-12 month horizon/b]
Support around 92. Breaking out on the daily chart, however as it is towards the upper end of the channel it may be advisable to enter with a half size and add on the first pullback.
Bond are grossly mispriced as central bank buying has prevented the market from signalling the inflation risk to yields. Simply, a hike in interest rates is more likely than the aggregate of market participants think, but it will be a reactive move from the Fed once inflation has already well-and-truly overshot.
Full notes to follow
Support around 92. Breaking out on the daily chart, however as it is towards the upper end of the channel it may be advisable to enter with a half size and add on the first pullback.
Bond are grossly mispriced as central bank buying has prevented the market from signalling the inflation risk to yields. Simply, a hike in interest rates is more likely than the aggregate of market participants think, but it will be a reactive move from the Fed once inflation has already well-and-truly overshot.
Full notes to follow
Trade active
Long in half size. Monitoring the weekly channel and daily chart for a retracement to add.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.