Markets Outright risk-off from the start of trading today. French President Macron’s parliamentary election bet culminated in the current risk climate. The French president’s approval rating hit an air pocket and his Renaissance party is burnt. Nobody, stretching from left to right on the political aisle wants to join forces with the stigmatized French president […]
DXY: The DXY chart currently exhibits a bearish momentum. However, price could rise towards the 1st resistance before resuming a potential bearish continuation towards the 1st support. The 1st resistance level at 104.09 is identified as an overlap resistance that aligns close to the 38.20% Fibonacci Retracement level. Higher up, the 2nd resistance level at […]
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