USD Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: A resurgence in semiconductor demand, reinforced by upcoming stimulus measures, could propel USD higher, positioning it for gains beyond $130. Market participants are optimistic, evidenced by high trading volumes in call options.




Bearish Case: Continued geopolitical tensions, particularly from BRICS countries shifting away from USD, could undermine its status, leading to significant price volatility and potential sell-offs targeting below $120.




Potential Outcomes:

1. Further upward trend in USD (30%);

2. Pullback due to profit-taking (50%);

3. Geopolitical shocks exacerbating existing pressures (20%). The historical data supports varying degrees of likelihood for these outcomes.




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November 03, 2024


ProShares Ultra Semiconductors Forecast

USD        ProShares Ultra Semiconductors











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Assets that tend to move strongly with USD



SMH Forecast + Options Trading Strategies   SMH  VanEck Vectors Semiconductor (0.94)


TQQQ Forecast + Options Trading Strategies   TQQQ  ProShares UltraPro QQQ (0.91)


XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (0.9)


EQH Forecast + Options Trading Strategies   EQH  Equitable (0.9)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.89)



Uncorrelated Assets

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BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.0)


BLDR Forecast + Options Trading Strategies   BLDR  Builders Firstsource (0.0)


STAG Forecast + Options Trading Strategies   STAG  STAG Industrial (-0.0)


DOW Forecast + Options Trading Strategies   DOW  Dow (-0.01)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against USD



ZSL Forecast + Options Trading Strategies   ZSL  ProShares UltraShort Silver (-0.84)


COUR Forecast + Options Trading Strategies   COUR  Coursera (-0.88)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.91)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.91)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.94)









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