DXY, GOLD & THE EURUSD - All coming together.

DXY XAUUSD EURUSD Are all setting up for the same move so we need to pay attention.
GOLD - after going through the ABCD down yesterday it now looks as though its going to be headed lower to complete the bigger ABCD down towards 1920 and the next day or 2 will give us the set up.
DXY - looks like it wants to push higher towards the 108-109 area.
EURUSD - Will then follow the Gold and look for lower prices.

The next couple of days are key and we also have NFPs Friday before the US Open which will give these markets a push either way.

I hope this helps, Enjoy the week.

コメント:

DXY sitting in the middle of the range with a possibility of one more move lower. EURUSD looking for one more move higher towards 1.1050. GOLD getting up towards the 61.8% level around 2046. Not a lot of data out to spike things around so we wait for a pattern.

コメント:

Looking for one more move lower first before higher again. CPI Data out of the US tomorrow will give it a spike.

コメント:

In turn if the DXY is headed for one more move lower then we will get the rally higher in the EURUSD which will set up a major Swing trade to the downside.