Big week for DXY with the DXY SUPPORT GROUP ( FED ) making a rate Hike on 1st Feb
PA still has room to drop to 100 mark and is likely unless the Fed announce a 75 point raise.
BUT, if PA hits 100 - 98 , expect a hard bounce with a possible target in time of 118, maybe by Nov '23
DXY is gettign to be OverSold now but the real question maybe When is the Treasury going to stop countering things..
As mentioned in a TradingView report last week, 2nd half of 2023 is likely to be negative for many markets, which may lead to $ being a Lot stronger
PA still has room to drop to 100 mark and is likely unless the Fed announce a 75 point raise.
BUT, if PA hits 100 - 98 , expect a hard bounce with a possible target in time of 118, maybe by Nov '23
DXY is gettign to be OverSold now but the real question maybe When is the Treasury going to stop countering things..
As mentioned in a TradingView report last week, 2nd half of 2023 is likely to be negative for many markets, which may lead to $ being a Lot stronger
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
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.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
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.