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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (130935)11/27/2019 2:54:29 PM
From: ItsAllCyclical  Respond to of 207337
 
50 ema weekly has been very good support for the Dollar for past year plus. Need to clear thru that level first, approx 97 currently. That would be a heck of an E-wave call if it comes to fruition.

Still have global growth centered around the US, and near term I would expect our interest rate differential to hold so I still see US Dollar staying relatively firm here. Would need rest of the world to grow faster near term to get the chart result you expect imo. Possible, but not very likely. I know EW doesn't give a rip about FA/money flows, but just giving my feedback. No position currently in the gold space. Have been patiently waiting.