Can the DXY break its October 2023 trend line this week? Find out what it means for the EURUSD, GBPUSD, USDCAD, and XAUUSD.
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#dxy #eurusd #gbpusd #usdcad #xauusd #forexforecast
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I would appreciate Eliot Waves approach to this analysis, for a wider context.
perhaps in previous week videos u were expecting gbp to to come up 1.3260 . because i am following u from yearssss .but in real it is making lower highs as bookish perhaps like euro it will come down as it was euro came then 1.0350 . i think now any rise is sell to float like u like a floating position i always wished to get such down fall thanks
There is a 150 pip GAP UP on the DXY needs to close that first. Im looking for shorts on the DXY into 103.20 ish zones before considering any uptrend for dxy. EURO should hit north of 109.23 before continuing down. These are my thoughts we shall see what happens
i’m bearish on usd/cad next week.
then i was perhaps last person to sell euro in 1.0350 perhaps never seen a single pip down ,, suffered good loss , entering sell again and again then it went up to 1.2350 , perhaps i also follow u , i learnt then to follow and study wti or others to be in safer , and not sell at such historical lows thanks
I am back after the break @JustinBennett, Marvelous as ever. I hope I will make some $ bucks from your Newtonic Insights.