Bullish potential
Dixxie has resumed its upward trend post a bullish NFP and now hold a FIB level of 38.2%. Signals from the FED that the dollar will not slow down on hiking interests rates has caused buyers to dominate the market as it stands. CPI comes out on the 11th of January and we could see a continuation to 109 levels after a break of the structure and retest. Trade you counterpart pairs accordingly.
He that is patient will make consistent profits from the markets.
He that is patient will make consistent profits from the markets.
Catatan
As we can observe. DXY has broken structure and will progress to 104 first then 105(104 could be before the week runs out , but 105 will definitely be next month). We have to wait for NFP numbers to get the volume for this move. Word of advice, take it a day at a time and trade the counterparts accordingly. So far in 2024 we have not had the big trends as there is a lot of charter around interest rate cuts and war mongering but eventually these 30-100 point moves will come. Keep it simple and don't be greedy. I will follow up with more updates.Catatan
Successive positive CPI prints and favorable NFP job numbers have pushed the index to the 104 area. Based on the projection for rate cuts to kick back in July we will continue to see Dixie increase in strength to the 105 area. Trade your counterparts accordingly.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.