This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
Ideal to short, risky to long, safer to not to place too much optimism when humans are way much more efficient in pumping crude than pumping prices
- remember a few hedge funds were thinking $100 oil days when it was during $85 before the crash towards $50
DXY expected to either break 98 hard soon or fall towards 90
- I see no reason other than a big loss of credibility expectation from crowds for USD to fall
- major banks expect USD to drop from 98
great to long considering credit rating cuts & recession looming, illiquidity in this pair , would long towards daily pivots R2 and to short for overnight swaps 2 hours after US open. spread is poor though
USDCHF expected to head towards 1.03xx after a minor retracement to 0.982xx
- CHF still acts as a safe haven in times of market turmoil, but its strength is always weak, good to hold long at ideal positions
- Best overnight swap pair compared to EM currencies