DXY by Trading2ez โ€” TradingView

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Hey tradomaniacs,

We`ve got to be very carefully again as I see traps being prepared in the market.

Lots of retailers are currently looking for shorts in Major-Pairs such as AUD/USD , EUR/USD , GBP/USD and NZD/USD to catch the peek while CoT-Data are showing still a strong long-positioning of retailers.

We could eventually see a move down of DXY (US-DOLLAR) in order to stop out the long-positions and to attract retailers to sell the peeks.

This would give the big players enough liquidity to fill their long-positions.

With Biden as the President we can expect a stimulus-package in the future which means more liquidity for the market and so an inflational affect ๐Ÿ‘‰ DOLLAR short.

Nontheless we need to look at the Senate aswell which is very important.

If the Republicans win the Senate we might see a very good chance of another rally in the stock-market as they will probably not accept Bidens tax-increase.

In case of Democrats winning the seats in the Senate we could see the “blue-wave” in form of a sweep and so quick decision making.

The best scenario would be to see DXY (Us-DOLLAR) to retrace with the opening in order to attract the sellers.

Just be careful with quick trade-decisions now.

Let`s see what happens.๐Ÿ‘Œ

LEAVE A LIKE AND A COMMENT – I appreciate every support! =)

Peace and good trades

Irasor

Wanna see more? Don`t forget to follow me.

Any questions? PM me. ๐Ÿ™‚

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