شراء

تم تحديثه

USD will out performe FX Major G7 in 2023

2023 will be bullish for the USD.
I'll be updating this thread.

ملاحظة

ملاحظة

Falling wedge on DXY.

ملاحظة

Hello Traders.

During Yesterday Fed FOMC Interest Rate Projections:

The FOMC surprised with higher rates.

Fed hiked interest rate to 4.5% from 4.0% in Sep.
Fed's median view of terminal rate for 2023 is 5.1% vs 4.6% is Sep.
Fed sees PCE inflation in 2023 3.1% vs 2.8% in Sep.
Fed sees core PCE inflation in 2023 3.5% vs 3.1% in Sep.
Fed sees US GDP growing in 2023 0.5% vs 1.2% in Sep.
Fed sees year-end US jobless rate in 2023 4.6% vs 4.4% is Sep.

Powell was hawkish during the Press Conference:
Said:
*Inflationary risks are skewed to the upside.
*I can't promise that we won't raise our peak rate estimate at a future meeting.
*There are no rate cuts in SEP in 2023.
*Failure to raise rates sufficiently would cause the most pain.

With all the above was said, a strong USD will manifest everytime the US. Maco-economic Data will surprise to upside the market expectations.

Stay tunded , i'll update !

ملاحظة

Falling wedge on U.S. Dollar Index 'DXY'.
Most likely next week there will be strong USD.

ملاحظة

⚠ The USD is goining into 2023 with this setup:

✔ supported by 50% of febonacci retracement.
✔ supported by the 50MA on weekly time frame.
✔ building "Falling Wedge" reversal formation.
✔ J. Powell Sain "No to rate Cutt in 2023".

"Good luck to all Dollar Bears."

ملاحظة

U.S. Dollar Index is firing all cylinders.

ملاحظة

The DXY price action are breaking out from the falling wedge formation.

ملاحظة

DXY is fighting to stay above 103.96

ملاحظة

On low time frame, there is "Double Bottom" formation "ADAM and EVE".

ملاحظة

Watch for the USD to push higher during the coming weeks.

ملاحظة

Massive breakout from DXY falling wadge, that will take the EURUSD FX rate to down side.
Although the yield spread between the German 02YR Gov. BOUND vs U.S. 02YR Gov. is pointing to upside, still the EURUSD is expected reverse to downside. Macro Chart

ملاحظة

🇺🇸 U.S. 10 YR GOV. Bond Yield is up 13.5% since mid December.

ملاحظة

No direction on U.S. Dollar Index 'DXY' in the absence of meaningful economic data.

ملاحظة

🚨 BREAKING NEWS :

The US will require travellers from China to submit a negative Covid-19 test beginning on January 5th 2023

ملاحظة

In absence of meaningfull data, the USD is heading to down side.

ملاحظة

⚠️ Dollar erases and reverses losses on positional, fundamental and technical grounds with EUR deflated by sub-consensus German state CPIs.

ملاحظة

*The direction of DXY will be set accourding to incoming Macro Data.

ملاحظة

There is a bullish divergence on DXY, but the direction will be set by the incoming Macro Data.

*Watch Initial Jobless Claims today. USD | Chart

ملاحظة

US Initial Jobless Claims Actual 204k (Forecast 225k, Previous 225k).

ملاحظة

Euro-Area Surprised Lower.

ملاحظة

U.S. Dollar Index continue to push higher on Euro-Area Headline Inflation surprise the market to downside.

ملاحظة

close the 1st trading week of 2023 with "Inverted Hammer Candlestick" after Weekly Average Earnings surprised lower !

ملاحظة

MUFG Bank: "MUFG: "The main trigger for the renewed US dollar sell-off was the release of the much weaker than expected ISM services survey on Friday that signalled a heightened risk of recession in the US. The survey revealed that business confidence in the services sector dropped sharply by 6.9 points to 49.6 in December."

ملاحظة

Today, the USD is being beaten by Dovish comment from the Fed's Bostic:

Fed's Bostic: If the upcoming CPI is consistent with the trends seen in the jobs report, the Fed will have to take 25 more seriously.

Also raising expectation that U.S. Dec CPI and Core CPI will surprise lower during Thursday 12th 2023.

ملاحظة

(Breaking News) - Directors at 9 regional Feds sought a 50 bp discount hike to 4.5% - "Fed Discount Rate Meeting Minutes".

ملاحظة

is bouncing from 0.618 fibonacci levels. #FX #Trading

ملاحظة

⚠️The Fed Fund Rate Vs : "Market participants are anticipating the Fed to cut interest rate and started sell the (Orange Line). #FX #Trading

ملاحظة

Watch for a bounce on DXY.

ملاحظة

Triangle formation on

ملاحظة

U.S. Economic Data Surprised to upside

GDP QoQ Q4 = 2.9%
Initial Jobless Claims = 186k

ملاحظة

To $ bears, "big short squeeze is coming your way !"

ملاحظة

USD chart update.

ملاحظة

U.S. Dollar Short Squeeze

تم إغلاق الصفقة يدويًا

I reste my case for strong USD.

OmarNAMOUCHI

يعمل أيضًا:

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.

OmarNAMOUCHI

يعمل أيضًا: