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Dollar Party Ending
We are at the end of a rising wedge, indicating a fall. likely a steep one. RSI / Stochastic also agree.
One can only wonder why the Fed would be hawkish and wanting to raise rates in the midst of China playing hardball with Treasuries and devaluations, and everyone else racing to the bottom with negative rates even...
US housing market is tightening up as well, due to China Increasing their controls to prevent more capital flight to the states...
With the 'curious' jobs data, and other official reports, all claiming the dollar to be King... I would wary of going further long on the Greenback.
One can only wonder why the Fed would be hawkish and wanting to raise rates in the midst of China playing hardball with Treasuries and devaluations, and everyone else racing to the bottom with negative rates even...
US housing market is tightening up as well, due to China Increasing their controls to prevent more capital flight to the states...
With the 'curious' jobs data, and other official reports, all claiming the dollar to be King... I would wary of going further long on the Greenback.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.