HI Welcome to Team Decrypters
First of keep this in MIND this analysis is on Daily
Now for this week :-
This Week we have FED meetings + Press conference
This Meeting + Press conference will be the Most important Meeting for this whole year in my opinion so
There are 2 scenarios
1- Either FED Skip JUNE and Increase Rate in next Month -
2- They incre4ase This month and Keep Higher Rate till first quarter of 2024-
Either way they have to Increase Rates as 6 out of 7 of the Fed’s inflation measures are flashing Red
Both will push Recession which is Also immanent in my opinion
MY PERSONAL OPINION:- we see DXY down till FOMC and than we see RIDE to the Up side
In OUR VIP we trade Any thing long / Short what ever Market Gives
EITHER WE GO UP AND THAN DOWN LEVELS |OR| WE GO DIRECTLY DOWN FROM THIS RANGE
First of keep this in MIND this analysis is on Daily
Now for this week :-
This Week we have FED meetings + Press conference
This Meeting + Press conference will be the Most important Meeting for this whole year in my opinion so
There are 2 scenarios
1- Either FED Skip JUNE and Increase Rate in next Month -
2- They incre4ase This month and Keep Higher Rate till first quarter of 2024-
Either way they have to Increase Rates as 6 out of 7 of the Fed’s inflation measures are flashing Red
Both will push Recession which is Also immanent in my opinion
MY PERSONAL OPINION:- we see DXY down till FOMC and than we see RIDE to the Up side
In OUR VIP we trade Any thing long / Short what ever Market Gives
EITHER WE GO UP AND THAN DOWN LEVELS |OR| WE GO DIRECTLY DOWN FROM THIS RANGE