After pullback and gap mitigation, I expect price to continue its downward momentum for a final drop before we change trend. Use proper risk money management.
Hey traders, in this week we are monitoring DXY for a buying opportunity around 104.3 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring DXY for a buying opportunity around 103.1 zone, in the 4 of May we are coming across the FOMC event where we expect USD to gain strength and remains bullish prior to that. we highly recommend taking a look at DXY in the beginning of every trading week if not everyday, that will help you to spot the direction of USD...
Hey traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.1 zone, we highly recommend to take a look at DXY at the beginning of every week if not everyday, that will help you to spot the direction of USD pairs and trade them more professionally. AS Fomc is approaching as well we expect USD to be outperforming!
DXY is at an important zone, time for USD pairs to make some moves?
Hey traders, in the coming week we are monitoring DXY for a buying opportunity around 96,5 zone. i highly recommend to take a look at DXY at the beginning of every week if not everyday. that will help you to spot USD pairs direction and trade them in a more professional way. Trade safe, Joe.
Hey traders, in the coming week we are monitoring DXY for a buying opportunity around 95.3 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring DXY for a buying opportunity around 96 zone respecting the daily supply and demand zone in combination with the bullish trend. Once we will receive any bullish confirmation the trade will be executed. i highly recommend doing US DOLLAR INDEX analysis at the entrance of every trading week if not everyday to trade...
I will look for a buy on DXY at the 92.20 level if we trade there which I'm thinking would be around the Non Farm Payroll news event. If we get a trade there i will be looking to trade up into the 92.80 level for a HOTW.
Hello Traders, Price still forming trend continuation pattern, I was anticipating a strong dollar last week but it just still correcting. Watch price actin now, if the price will rice correctively, one more move down is possible. If the price closes below 92.71 than the impulse will be invalidated and we will reanalyze the chart. Good Luck! Cheers, Jonas Johann
The FOMC rate statement was largely in line with expectations and to the hawkish side - with a september hike hinted at. Much of which followed the rhetoric of FOMC members in the past few weeks (see previous posts) and data (disregarding the poor -4% durable goods mom print). Perhaps the most hawkish/ promising statement made for a Sept rate hike was the fact Fed...
Goldman Sachs on July FOMC Decision : - The run of positive economic news in recent weeks has coincided with generally dovish comments from Fed offcials. Policymakers have indicated that they are not âbehind the curveâ, and have expressed increased uncertainty about the neutral level of interest rates. We would treat recent comments with caution, however,...
FOMC Lockhart was the 4th Fed this week to imo be relatively Hawkish with his words, most notably reinforcing with the others brexits near-term stability saying "Doesn't Expect 'Brexit' to Have Near Term Impact on Economy" and " So Far 'Brexit' Reaction Largely Orderly". Most interestingly though was Lockharts view on the FOMC's positioning for future rate...
Bullard is the lone Fed official forecasting just one additional rate increase, and expects modest growth over the next two and a half years. But he reiterated Tuesday he's not expecting the economy to head south. However, did go out of his way to mention a relatively dovish point "We Have Some Ammunition if We Need it During Next Recession". Nonetheless he...
1. IMO Dudley tipped to the dovish side, especially on key inflation highlighting that it is " rising again, but still low". Other rhetoric reaffirmed much of what has been said post the brexit vote e.g. Uncertainty being the biggest factor. 2. Meanwhile, Williams was notably more upbeat/ optimistic, shrugging off the US's shock miss NFP report to instead...