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
$3.83 |
Change
-0.015(0.39%) |
Mkt cap ! $7.595B |
Open | High | Low | Value | Volume |
$3.79 | $3.84 | $3.78 | $9.961M | 2.613M |
Buyers (Bids)
No. | Vol. | Price($) |
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37 | 49265 | $3.82 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.83 | 90781 | 59 |
View Market Depth
No. | Vol. | Price($) |
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28 | 43520 | 3.820 |
47 | 107980 | 3.810 |
42 | 120510 | 3.800 |
23 | 85107 | 3.790 |
20 | 191638 | 3.780 |
Price($) | Vol. | No. |
---|---|---|
3.830 | 86385 | 47 |
3.840 | 121280 | 42 |
3.850 | 87305 | 24 |
3.860 | 181002 | 17 |
3.870 | 51926 | 12 |
Last trade - 13.53pm 14/05/2024 (20 minute delay) ? |
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Last
$3.82 |
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Change
-0.015 ( 0.57 %) |
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Open | High | Low | Volume | ||
$3.80 | $3.84 | $3.78 | 1063488 | ||
Last updated 14.13pm 14/05/2024 ? |
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