EoWA 19 April 2020

End of Week Analyses using Sentiment and Market Structure in Forex DXY The Dollar is currently in a range between 99.63 and 100.30. We want to see a clean break up or down as shown by the arrows before we get too excited for either direction here. Structurally, DXY is more likely to make higher highs and take out stops above. However, when looking at other pairs there is cause for concern. Sentiment Readings using Basket Analysis shows that all of the pairs are clustered in the center of the quadrants. This is a clear sign of indecision of directional [...]