Comments
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DRRevisiting this from 22 days ago, JC was spot on by calling the USD bearish and EMFX the most bullish. Dollar has massively failed against numerous EM FX to multi-year lows in some or multi-month lows in others. Now USD weakness has spread to DM. Successive lower highs. The weak dollar looks extra weak. USD has rightly been a pound-the-table SELL, and any dollar recoveries are opportunities to Sell Dollar!! EURUSD is going to 120 then 128. Dollar is set to craaaash.
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DRHope J.C. comes back real soon :)
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MSGood argument. we are surely at this fine line where USD makes it or break. On very short term, USD very well may be weaken 3-4% before it really takes off to 110 or more level.
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mbstopped out.
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REThe charts look smiley but does the idea of dollar weakness make sense? AUD higher? RBA is looking to cut rates.
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CLHard to trust someone that uses RSI as a supporting indicator lol
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WMNot sure I agree with the prediction, but never say never!
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PAStill $ bullish but appreciate the technical bear case
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MNThis will not age well! With the geo-political powder keg that has been set up, there may be an asymmetric move on the $ if something were to shock the existing systemic vulnerabilities. It's not about anticipating the shock but rather noticing the vulnerabilities. A word of caution : Have a stop loss.
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PPJ.C. ....Please speak a little louder and one less cup of coffee next time.
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PCHaha JC your view is very unpopular at the moment.
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ekRSI 14? really?
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TDI disagree with the thesis but I like this presenter a lot.
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MNI love his high energy and bold calls. He may pivot but a lot of cmts are so wishy washy that you have no idea what the call is actually. Anyone a subscriber of his service that has some insight? Thxs in advance
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HJHas he been drinking too much coffee?
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WBThis guy changes direction so fast I can barely keep up.
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LETLT heading to 130?