Time for the USD to rise again...
The USD has been falling significantly, and is now bullishly divergent in technical terms with relation to the MACD and the Relative Price Momentum.
an early attempt was just made, and despite a hasty retreat, this may be forming the consolidative base before a breakout rally ensues.
This appears in line to expectations that the S&P500 is due for a pullback on bearish divergence, Gold having a suspicious type of short term rally, and Bitcoin pulling back slightly.
an early attempt was just made, and despite a hasty retreat, this may be forming the consolidative base before a breakout rally ensues.
This appears in line to expectations that the S&P500 is due for a pullback on bearish divergence, Gold having a suspicious type of short term rally, and Bitcoin pulling back slightly.
