King Dollar might head to 99.70 to 100.30 Area before correction

i do expect the DXY King Dollar to have some room to move to the upside in the area of 99.70 to 100.3 . This is the area that BIG BOYs expect the King Dollar to peak and start reversing the trend to Bearish if sentiment towards US-CHINA trade changes ( Time Scope: 0 to 6 months from October 2019) . If not then expect King Dollar to keep on matching forward

Comentário:

DXY is back just below 99.00 level after speculators from Europe seen selling the Dollar during the Open and Buying the Euro

Comentário:

King Dollar has been tumbling even with Worse data from EURO Zone. The EURUSD has clinched the 1.1009 handle and is now above 1.1000 after 5 days of trying but can it hold and push to the upside

US-CHINA Trade negotiations are weighing heavily on what is going on

EURUSD will try and take advantage of that and rally a bit

Comentário:

Dollar tumbling quickly

Comentário:

Very volatile weird day on the news spectrum

- Dollar Tumbles on US-CHINA trade conflicting news.
- EURUSD Rally on worse economic data ( BULL TRAP ? ) -- may be on this
- GBPUSD rally on worse economic data

There is a huge divergence between " BIG BOYS" fundamentals and the FX spot prices & Future prices. Whenever this happens there is always PAIN to follow.

Whether EURUSD rally beyond 1.1025 to 1.1080 region continues remain to be seen