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:
-
The contemporary investment environment is characterized by a delicate interplay of macroeconomic factors, shifting monetary policy expectat...
-
Strategist/Firm Downside Target Potential Drop % from Current Direction Potential Drop % from ATH Key Catalyst/Scenario Additional Notes Mor...
-
Value investing is a tried-and-tested strategy that focuses on identifying stocks trading below their intrinsic value. One powerful tool for...
No comments:
Post a Comment