Hope all of you survived March 2020...
So we have a quite interesting scenarios with DXY which is showing us several possible down movements.
What is important to know, we are about to enter "the post-virus economy" which already started with huge stimulus from FED and other CBs worldwide. BUT why don't we get a USD falling into hyperinflation after the enlarged QE and agreed to add up to 2 trl? The answer is in money multipliers but anyway we will see some effect.
Let's back to TA, so we have 3 base scenarios:
1. Yellow: we wait for the continuation of down movement after the recent correction;
2. Green: similar to the Yellow but more extended in time;
3. Purple: in this case, we wait for much deeper down movement;
P.S. First of all I'm looking at the shape of the movement, not at the price, please don't consider levels and line as a target or as a signal.
So we have a quite interesting scenarios with DXY which is showing us several possible down movements.
What is important to know, we are about to enter "the post-virus economy" which already started with huge stimulus from FED and other CBs worldwide. BUT why don't we get a USD falling into hyperinflation after the enlarged QE and agreed to add up to 2 trl? The answer is in money multipliers but anyway we will see some effect.
Let's back to TA, so we have 3 base scenarios:
1. Yellow: we wait for the continuation of down movement after the recent correction;
2. Green: similar to the Yellow but more extended in time;
3. Purple: in this case, we wait for much deeper down movement;
P.S. First of all I'm looking at the shape of the movement, not at the price, please don't consider levels and line as a target or as a signal.
Đã hủy lệnh
still on the yellow setup but it looks like we can have an enlargement, will post updated idea later.
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.