bearish

Euro

Head Fakes in Euro and DXY

353 Views28 Jul 2023 08:08
Syndicated
SUMMARY
  • It's easy to identify breakouts because they are the most noticeable and generate a strong response.
  • It is precisely what happened when DXY broke below 100.53.
  • On the other hand, head fakes are often met with silence as hope for sustained trends persists.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Untying The Gordian Knot
Asia biased macro & technical analysis
Untying The Gordian Knot
Multi-AssetCross Asset Strategy
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x