|

Top Astro events for the US dollar in June

May Review – “The US Dollar had a strong and steady down trend for almost all of April. The one exception was on 4/30 with a strong reversal to the upside, which may have broken the down trend. The top Astro events for the Dollar this month are: 4/30 AC – Neptune 180 US Neptune; 5/03 AC – Saturn 0 US MC; 5/25 AC – Lunar Eclipse at Perigee; and 5/26 AC – Uranus 120 US Part of Fortune.

Astro Dates – 5/3, 5/7, 5/10, 5/12, 5/14, 5/26, 5/28 AC”

Results – 5/3 was a one day high. 5/7 was not effective. 5/10 was very close in price and one day ahead of a good low. 5/12 was very close in price and one day past a good low. 5/14 was very close in price and one day past a very good high. 5/26 was very close in price and one day past the low of the month. Score – 5 out of 6 good dates = 83.33%

June Update – The US Dollar was in a down trend for most of May. However, toward the end of the month, it was showing some signs of strength that could indicate a reversal to the upside. Some of the top Astro events for the US Dollar in June are:  6/11 AC – Saturn 0 US MC; 6/16 AC – Saturn 90 US MC; and 6/17 AC – Saturn Contra-Parallel US Mercury.

Astro Dates – 6/1, 6/7, 6/10, 6/14, 6/18, 6/25, 7/2 AC

This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.

Author

Norm Winski

Norm Winski

Independent Analyst

www.astro-trend.com

More from Norm Winski
Share:

Editor's Picks

EUR/USD climbs to daily highs on US CPI

EUR/USD now accelerates it rebound and flirts with the 1.1880 zone on Friday, or daily highs, all in response to renewed selling pressure on the US Dollar. In the meantime, US inflation figures showed the headline CPI rose less than expected in January, removing some tailwinds from the Greenback’s momentum.

GBP/USD clings to gains above 1.3600

GBP/USD reverses three consecutive daily pullbacks on Friday, hovering around the low-1.3600s on the back of the vacillating performance of the Greenback in the wake of the release of US CPI prints in January. Earlier in the day, the BoE’s Pill suggested that UK inflation could settle around 2.5%, above the bank’s goal.

Gold: Upside remains capped by $5,000

Gold is reclaiming part of the ground lost on Wednesday’s marked retracement, as bargain-hunters seem to have stepped in. The precious metal’s upside, however, appears limited amid the slightly better tone in the US Dollar after US inflation data saw the CPI rise less than estimated at the beginning of the year.

Crypto Today: Bitcoin, Ethereum, XRP in choppy price action, weighed down by falling institutional interest 

Bitcoin's upside remains largely constrained amid weak technicals and declining institutional interest. Ethereum trades sideways above $1,900 support with the upside capped below $2,000 amid ETF outflows.

Week ahead – Data blitz, Fed Minutes and RBNZ decision in the spotlight

US GDP and PCE inflation are main highlights, plus the Fed minutes. UK and Japan have busy calendars too with focus on CPI. Flash PMIs for February will also be doing the rounds. RBNZ meets, is unlikely to follow RBA’s hawkish path.

Solana Price Forecast: Mixed market sentiment caps recovery

Solana (SOL) is trading at $79 as of Friday, following a correction of over 9% so far this week. On-chain and derivatives data indicates mixed sentiment among traders, further limiting the chances of a price recovery.