The
DXY
targeting 93400 but near term set-back is expected 9300.
DXY
targeting 93400 but near term set-back is expected 9300.
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Since the set-back 9300, TVC:DXY continue moving south-east 91329
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Daily TF end of at 92523 and retrace expectation to 927..to 928..
Swing high 934..to 935.. and swing low at 921..
For longer term view, at this moment DXY maintain its posture upwards and attempting to make new high 936 but not out of the woods yet.
Swing high 934..to 935.. and swing low at 921..
For longer term view, at this moment DXY maintain its posture upwards and attempting to make new high 936 but not out of the woods yet.
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Daily price would be dropping lower.
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going up
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next target 956
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DXY remain bullish despite the recent bear move. DXY could may new high and not cross below 95ish.
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98 target reached, next up 100
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The DXY is set to make a record high cross 120 and the Fed Fund Rate is to go 3.00 to 3.11. The potential deposit might be reduced. USD pairs could move sharply forward. Short term lending may, could rise sharply and lending maybe difficult near term. Expect the next Fed interest rate to subside. The end towards this year 2022 probably is a much to watch for. The indices is expected to rise and close positive unless the sudden events such as bank liquidity, unexpected wars towards year end.
Theoretical, if the financial conditions worsens that deposits drops dractically and the cost of borrowing couple with higher interest rate environment starts to escalate. The banks will borrows at a higher cost in order to lend and if growth are no longer sustainable. Then, the effects dominate in the larger community of the people could worsen.
Theoretical, if the financial conditions worsens that deposits drops dractically and the cost of borrowing couple with higher interest rate environment starts to escalate. The banks will borrows at a higher cost in order to lend and if growth are no longer sustainable. Then, the effects dominate in the larger community of the people could worsen.
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It's been awhile since i make comment to it. Currently, DXY heading 100.
