July 18th, 2023
I would agree, it is probably a "sell the news" kind of thing. Probably pulling back tomorrow onward until mid-week (next week). Sounds reasonable?
thanks for your comment Louis. The model will flash on the first down-day which given the count should typically happen within the next couple of trading days, so end-of-week. I will alert when in play.
Agree on DXY, particularly short EURUSD which has been pushing higher while EUR is falling verse the rest of the G7 currencies.
I’m also thinking the dollar could see a rebound in the next two weeks. I’m glad to see the model seems to agree! 😂😂
Nothing better than a confirmation bias 😎🤣
I would agree, it is probably a "sell the news" kind of thing. Probably pulling back tomorrow onward until mid-week (next week). Sounds reasonable?
thanks for your comment Louis. The model will flash on the first down-day which given the count should typically happen within the next couple of trading days, so end-of-week. I will alert when in play.
Agree on DXY, particularly short EURUSD which has been pushing higher while EUR is falling verse the rest of the G7 currencies.
I’m also thinking the dollar could see a rebound in the next two weeks. I’m glad to see the model seems to agree! 😂😂
Nothing better than a confirmation bias 😎🤣