We know that DXY can move a lot, in favor or negative with the correlated dollar pairs. Continuing or change the direction of the trend before even gets completed. Alternately boost up the momentum without providing any overbought or oversold, RSI signal even when microeconomic news don't offer any change. There's a big order of USD/JPY options that expires today with strike price at 113.9 dollar. This classic paradigm today with will change trend moving upwards just to close near a big option order at 113.936 above100h morning average and 200h moving average at 113.92 which indicates topping near resistance with a immediate bounce back even when at the right time lands good news boosting USD. Placing an order following the trend providing profits -doesn't mean that you collected the maximum available-.
Popular Posts:
-
Chart 1: Sentiment Index This chart tracks a sentiment index, likely constructed from various market indicators and news sentiment analysis.... -
Analysts are optimistic about Google's upcoming Q3 2024 earnings report, with expectations of solid revenue and earnings growth. The tec... -
Bellow the scatter diagram of open and close price from 01/01/2016 till today. Very similar and opposing dates as all these years passed a c...
No comments:
Post a Comment