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Bullishusd

Bearish (SHORT) GBPUSD-DXY (US Dollar) is overall bullish, so I will be looking to buy/go long US pairs. -GU is in an overall downtrend and after some bearish pressure, expecting price to make a retracement. -Price formed a double top and broke below the neckline, ultimately creating a lower low. -I am expecting price to make a retracement and potentially stop hunt and test the 50.0-61.8 fib level, confirming the break of structure/testing the neckline of the double top. Please Like, Follow, Comment. What is your analysis?
Short
by NoCeilingsTrading
2
EURUSD ShortHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around around 1.128 zone. We have 1.123 as a first station for scalping lovers, and 1.09 zone for swing traders. one of the reasons i'm thinking about this trade is the bullish momentum i've noticed on DXY chart. and fed Powell being Hawkish in order to control inflation is an important factor to take in consideration for USD bulls. if you decided to go swing on this trade please wait for the perfect entry, and also use proper risk management, because swing movements are violent comparing to the movements in the short term. If you have any questions or looking for any update please don't hesitate to comment your opinion below. Joe.
Short
by JoeChampion
4
WHAT THE EURUSD CAN TELL US ABOUT THE US STOCK MARKETAs you can see, it looks as we are preparing for a correction in EURUSD (So as of now, I am short. However I fully expect a possibility of a range). What does being short tell us? It means in the near future (weeks-months because this is a daily chart) the USD could gain some value to its Euro counterpart. How would the USD gain its value? A great way would be if interest rates are hiked by the FED, giving the USD more attraction to foreign currency investors. This rate spike would counter inflation but we all know what a rate hike would do to the economy- slowwwww down. This would in turn go along with what we have been discussing in the markets lately as the SPX and DJX have been facing. It is a huge stretch and this should really be interpreted as a EURUSD trade- but- it could mean a stronger dollar in the future CAUSED by higher interest rates- slowing the economy and stock market growth.
Short
by samblum_
DXY/ USD: FOMC - GS 65% 2016 RATE HIKE; RABO ONE 2016 RATE HIKEGoldman Sachs on July FOMC Decision : - The run of positive economic news in recent weeks has coincided with generally dovish comments from Fed offcials. Policymakers have indicated that they are not “behind the curve”, and have expressed increased uncertainty about the neutral level of interest rates. We would treat recent comments with caution, however, as we have not heard formal remarks from the Fed'€'s leadership. - Taken together, we see recent economic data and the public comments from Fed officials as consistent with only modest changes to the FOMC statement. We think the committee will upgrade its discussion of the labour market and measures of inflation expectations, but change little else. The period between the July and September meetings will include a number of important data releases as well as the annual Jackson Hole conference. Therefore, policymakers will have an incentive to keep their options open, and plenty of opportunities to guide market expectations, should they need to. - We continue to see a 25% chance that the committee will raise the funds rate in September and a 40% chance that it will do so in December - implying a roughly two thirds probability of at least one rate increase this year. RaboBank on July FOMC Decision: -While the Fed is in a wait-and-see mode to assess the threats to the global outlook and the strength of domestic momentum, recent US data have boosted the Fed;€™s confidence. We expect the Fed to squeeze in one rate hike before the end of the year, most likely in December.
TVC:DXYLong
by QuantumLogicTrading