There is an inverse correlation between the USD & PoG. The DXY (USD Index) is currently sitting at approx 104.05, forming the Right Shoulder of a H & S top which I've been banging on about for the last few weeks.(see chart below). I was hoping that the right shoulder top would coincide with the close of the SPP. I think I was close.
Anyway, I think we have seen the lows for EVN for the rest of the year. Once the right shoulder is confirmed in the DXY with a close below 101, the PoG will take off and EVN will be back over $4 by March /April.
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There is an inverse correlation between the USD & PoG. The DXY...
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Last
$3.95 |
Change
0.120(3.13%) |
Mkt cap ! $7.834B |
Open | High | Low | Value | Volume |
$3.91 | $3.98 | $3.88 | $20.82M | 5.291M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 140972 | $3.94 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.95 | 110444 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 22026 | 3.960 |
26 | 107820 | 3.950 |
32 | 166772 | 3.940 |
18 | 116321 | 3.930 |
15 | 85441 | 3.920 |
Price($) | Vol. | No. |
---|---|---|
3.970 | 138091 | 40 |
3.980 | 163246 | 34 |
3.990 | 139130 | 27 |
4.000 | 362405 | 41 |
4.010 | 71235 | 15 |
Last trade - 12.03pm 16/05/2024 (20 minute delay) ? |
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Last
$3.95 |
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Change
0.120 ( 2.67 %) |
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Open | High | Low | Volume | ||
$3.91 | $3.98 | $3.88 | 1319360 | ||
Last updated 12.21pm 16/05/2024 ? |
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