This seems rather logical and most likely the final run higher before what looks like multi year reversal
評論:
Da King could be looking for a secondary low around these levels 102
評論:
Weaker than expected which increases the probability to a muted recovery into 103s
評論:
This has been very weak, It needs to start turning higher soon
評論:
So FED meeting next week could charge da KIng higher potentially into 106s
評論:
GDP is dollar bullish. JP better watch carefully and hawk out next week
評論:
Problem here is market continues to fight Fed as implied by fed futures...once this is cleared da king should rise
評論:
Good move this week. More is needed
評論:
105 and then 107 into summer is achiavable
評論:
Quite laborious move but pressure up is building into mid August
評論:
This is going not as expected. This final strong downwave is forming as expanding diagonal it seems that targets low 99s basically within 1 point. Diagonals at min have a very deep retrace if it is leading
評論:
Increasing probability of this surprise breakdown forming as Wave B of running correction. It should be followed by Wave C higher into Mid/late August with min 102+ and max 105+
評論:
So far it appears more and more like a fake breakdown increasing the probability of a move toward 104 into August
評論:
With JHole this week, likely DXY high
評論:
Critical week for the Da King as depending on the weekly close, it could either extend higher or this week is the end of the recovery and new decline awaits
評論:
As expected, 104 was reached. Most importantly, weekly trend is up now which implies higher high ahead after potentially some pullback/consolidation
評論:
DXY is taking the scenic route into 108/110 most likely into Jan 2024
評論:
The scenic route to the final destination continues
評論:
If dollar turns weekly trend down which could happen this week, then the expected Jan high will be a lower high vs Oct which basically means the secondary dollar top was just up in Oct and the decline into 2025 has started...paramount for many assets
評論:
FInito...bye bye
評論:
Massive trend change was confirmed as expected this year
評論:
Final level for this decline likely to be 92 or about within the next several years. EURUSD 1.20 and GBPUSD 1.58
評論:
Burn. From King to a Pauper into 2025 with some intermediate lows in between
評論:
Quite a corrective bounce in the Da King but that should be it