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-.
Welcome to my blog on finance and economics! I'm passionate about sharing my knowledge and insights in the world of finance. I hold a Master's degree in Banking, Finance, and Financial Technology, and possess practical experience in data analytics and risk management. In this blog, I'll delve into diverse topics related to finance and economics. Whether you're an investor, student, or simply interested in finance, I hope you'll find my content engaging and informative.
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