Long b/c of seasonality as well as technicals are starting to look good. Slow Stochastic just broke above 20 and MACD is about to cross. Full disclosure, had a horrible entry and got smacked. Looking to get my cash back. T1- first target T2 -2nd target *not advice & not a pro trader
I believe we are headed toward a stronger dollar. In the chart is the trade weighted dollar index, which is a larger basket of foreign currencies than $DXY... $DXY is mostly pegged to the EUR/USD with around 65% of its currencies reflecting the Euro or currencies that are heavily reliant on the Euro. The trade weighted index is therefore a better representation of...
20EMA is about to cross 200EMA, suggests a bullish upward movement if does.