Disliked{quote} What? Accordingly to the CNBC traders poll, dollar will go higher for 62% now {image}Ignored
If the survey shows that it will go higher , then its likely going lower .
- #1,096,544
- Mar 15, 2017 4:17am Mar 15, 2017 4:17am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
{quote} What? Accordingly to the CNBC traders poll, dollar will go higher for 62% now {image}
Current market situation: long (healthy above EMA200)
Current momentum: still bullish
Problem: it is squeezed.
Shortterm Strength:
Expected strength of bullish momentum: light
Expected strength of bearish momentum: strong
my opinion (shortterm): bearish
Which would completely go against me bearish view on the EUR/USD.
Conclusion: I DON'T KNOW!
I'm Donnie and I am out of my element
(but I still enjoy reading charts, it's my job)
Chart: the right thick blue line is wild guess, nothing more.
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- #1,096,545
- Mar 15, 2017 4:22am Mar 15, 2017 4:22am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #1,096,549
- Mar 15, 2017 4:28am Mar 15, 2017 4:28am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
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- #1,096,552
- Mar 15, 2017 4:38am Mar 15, 2017 4:38am
{quote} hello tudor, i think dollar will hike to the bottom... why? yesterday US high impact news : ++++ very positive, the result : Dollars down example for (USD JPY) if we open and see US Dollar Index, it already print out H&S pattern, ready to dive down tomorrow, todays candle already been rejected and going down. USDX drops, means EUR/USD hike to the top... 1.0820 is the first target this week. FED will also considering to increase rate because it will increase their economic inflation level, dollar get worsed. IF FED insist to increase rate,...
I am new into this, but to me Dollar future will be set by the FED press conference due to take place at 18.30 GMT. Rate hike already priced in so dollar path will be decided by the clue to number of hikes for this year. I might be wrong but this is my understanding. Thank you. Stay Green
- #1,096,553
- Mar 15, 2017 4:44am Mar 15, 2017 4:44am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Guys, today, everything will be on the lips of that woman, Yellen
The market has completely priced in a rate hike and
the only surprise would be if the Federal Reserve will decide or signal somehow they keep hiking this year or keep rates steady.
Big Dogs, financial institutions, are already pricing in a 60% chance of a second hike in June .......and 80% chance of a hike by September.
If Yellen is hawkish, suggests the Fed needs to be vigilant and emphasizes the need for hysterical hike series this year,
meaning buying dollars post FOMC!!! (euro bearish)
However if Yellen sounds more balanced and says they prefer to waaait and see how the economy respoooonds to tightening
or for mooooore details on the fiscal stimulus plan (the Trump unpredictible shit), and bla, bla, bla, bla, blaaaaaa... the trade will be to fade the rate hike, so euro bullish.
I guess Trump it's a great threat so the chair Yellen will be prudent... a little dovish
That's why my guess is definitely like nasty spike down then euro up! ...of course I can be wrong
The market has completely priced in a rate hike and
the only surprise would be if the Federal Reserve will decide or signal somehow they keep hiking this year or keep rates steady.
Big Dogs, financial institutions, are already pricing in a 60% chance of a second hike in June .......and 80% chance of a hike by September.
If Yellen is hawkish, suggests the Fed needs to be vigilant and emphasizes the need for hysterical hike series this year,
meaning buying dollars post FOMC!!! (euro bearish)
However if Yellen sounds more balanced and says they prefer to waaait and see how the economy respoooonds to tightening
or for mooooore details on the fiscal stimulus plan (the Trump unpredictible shit), and bla, bla, bla, bla, blaaaaaa... the trade will be to fade the rate hike, so euro bullish.
I guess Trump it's a great threat so the chair Yellen will be prudent... a little dovish
That's why my guess is definitely like nasty spike down then euro up! ...of course I can be wrong
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- #1,096,555
- Mar 15, 2017 5:04am Mar 15, 2017 5:04am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
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- #1,096,556
- Mar 15, 2017 5:16am Mar 15, 2017 5:16am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
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- #1,096,557
- Mar 15, 2017 5:23am Mar 15, 2017 5:23am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} this could explain it I think there is a big surprise coming up. Someone is clearly buying dollars, and it's not the small guys. and it is not the pound. That flows heavy into the JPY since yesterday. (GBP/JPY lead the Vola by far, and look it at it...!)
And that's a market elephant...
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- #1,096,559
- Mar 15, 2017 5:28am Mar 15, 2017 5:28am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
{quote} If the FOMC members will send a moderate hiking signal for this year, the Federal Reserve will buy dollars. No joke, man! They are players too
I have the feeling they wont hike. I have this since sunday, just reading candles and looking at markets and weird moneyflow with minors leading vola since days.
First I thought I explain it with the GBP, but this bullish momentum in the $$ that keeps repeating itself anytime when it shows chrystal clear bearish trend coninuation patterns really makes me think.
I am with Han Solo here: "I have a strange feeling about this"
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- #1,096,560
- Mar 15, 2017 5:29am Mar 15, 2017 5:29am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} this could explain it I think there is a big surprise coming up. Someone is clearly buying dollars, and it's not the small guys. and it is not the pound. That flows heavy into the JPY since yesterday. (GBP/JPY lead the Vola by far, and look it at it...!)
And it seems that above the Monthly and the Weekly Pivots border
everything become bears teritory ...more and more ATM
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