How long will the U.S. dollar’s downward correction last? Get all the answers in our first-quarter forecast!
Recommended by Diego Colman
Get Your Free USD Forecast
US Treasury yields plummeted in the last three months of 2023 on expectations that the Federal Reserve would significantly reduce borrowing costs over the medium term, sending the U.S. dollar reeling to its lowest level in five months. Against this backdrop, EUR/USD and GBP/USD soared, hitting multi-month highs in late December.
The pullback in U.S. bond yields triggered a huge rally in the equity space, enabling the main stock market indexes to climb to new records. Gold prices also advanced, ending 2023 above the psychological $2,000 level but slightly off its all-time high– a bullish development for the precious metal which is likely to benefit from the Fed’s pivot.
With U.S. yields skewed to the downside and risk-on sentiment in full swing on Wall Street, the U.S. dollar may extend losses over the coming months. This potential scenario could reinforce upward momentum for gold, EUR/USD, GBP/USD and stocks in Q1, but caution is warranted, with certain markets approaching overbought conditions.
Different market dynamics are poised to unfold in the near term, potentially bringing about increased volatility and enticing trading setups for major assets. For an in-depth analysis of the variables and drivers that may influence currencies, commodities (gold, silver, oil) and cryptocurrencies in early 2024, explore the Q1 technical and fundamental forecasts put together by DailyFX’s team of experts.
For an extensive analysis of gold and silver’s prospects, which incorporates insights from fundamental and technical viewpoints, download our Q1 trading forecast now!
Recommended by Diego Colman
How to Trade Gold
Q1 TRADING FORECASTS
British Pound Q1 Forecast: Can the BoE Temper UK Rate Cut Expectations?
This article delves into the fundamental outlook of the British pound, offering an exhaustive analysis of its medium-term prospects. The piece also discusses crucial risk factors that could steer sterling’s trend in the first quarter of 2024.
Australian Dollar Technical Forecast: AUD/USD Enters Q1 at Key Resistance
This article presents an in-depth analysis of the Australian dollar’s outlook for the first quarter, providing valuable insights into price action dynamics and market sentiment.
Bitcoin Q1 Fundamental Outlook – Positive Tailwinds on the Horizon
Bitcoin goes into the first quarter of 2024 with two specific events set to determine price action in Q1 – a spot Bitcoin Exchange Traded Fund (ETF) and the run-up into the latest Bitcoin ‘halving’ event.
Euro Q1 Technical Forecast: A Mixed Picture
EUR/USD closed out 2023 on a positive note, recovering a sizeable chunk of the decline witnessed in the second half of the year. The medium-term trend appears bullish but yield differentials will struggle to motivate a prolonged period of upside potential.
Crude Oil Q1 Fundamental Forecast: US Rate Cut Hopes Offer Support Amid Demand Worries
Oil prices hit their highest level of 2023 in September but have declined very sharply since, with shaky economic data keeping markets fretting about the demand outlook.
USD/JPY Q1 Technical Forecast: Will the US Dollar Downtrend Endure?
USD/JPY Q1 Technical Forecast: Will the US Dollar Downtrend Endure? The preceding quarter saw USD/JPY power up to highs not previously seen since mid-1990, thanks largely to those fundamental, interest-rate differentials.
Gold, Silver Q1 Forecast: Fundamental Drivers Align but Real Rates Pose a Threat
The article focuses on the fundamental outlook for precious metals in the first quarter, focusing specifically on gold and silver prices, taking into account interest rate dynamics, as well as the U.S. dollar’s broader trend.
US Equities Q1 Technical Outlook: Stocks in Overbought Territory. Can It Continue?
The technical picture is a little hard to read for the S&P 500 heading into the first quarter of 2024, with immediate resistance resting near the record high around the 4,817 level.
US Dollar Q1 Fundamental Outlook: A Tale of Two Halves – Weak Start, Strong Finish
The Fed’s unexpected dovish pivot is a clear signal that officials want to shift policy in time to engineer a soft landing; in other words, they are prioritizing growth over inflation.
For a complete overview of the euro’s technical and fundamental outlook in the coming months, make sure to grab your complimentary Q1 trading forecast now!
Recommended by Diego Colman
Get Your Free EUR Forecast
Q1 TOP TRADE OPPORTUNITIES
Q1 Top Trade: Bullish Russell 2000 as Soft-Landing Scenario Gets Traction
This article analyzes the technical and fundamental outlook for the Russell 2000 for the first quarter of 2024, examining the main variables that could determine its medium-term prospects.
Bullish Gold: Top Trade Q1 2024
There are several factors influencing gold’s price that appear to be pulling in the same direction ahead of Q1 of 2024. These help to form the trading thesis and are outlined in the rest of this article along with technical considerations.
Short USD/JPY – Rising Rate Cut Expectations and FX Intervention by the BoJ
USD/JPY held the high ground for the first half of Q4 2023 before finally declining from near the 2022 highs. The selloff gained traction following growing chatter toward the end of November regarding a policy shift from the BoJ.
Coinbase (COIN) – Growing Tailwinds as Cryptocurrency Interest Swells?
Coinbase, the largest cryptocurrency exchange in the US, has seen its shares perform strongly in the second half of this year, rallying from around $46 in early June to a current level of $150.
Short GBP/USD – Going Against the Grain: Top Trade Q1, 2024
The British pound enters 2024 on a relatively strong footing against the USD after markets reacted ‘dovishly’ to the Federal Reserve’s more accommodative messaging in the last FOMC announcement.
Looking for actionable trading ideas? Download our top trading opportunities guide packed with insightful strategies for the first quarter!
Recommended by Diego Colman
Get Your Free Top Trading Opportunities Forecast
`constructor()this.hiding=!1,this.value=0,this.visible=!1,this.trickle=()=>this.setValue(this.value+Math.random()/100),this.stylesheetElement=this.createStylesheetElement(),this.progressElement=this.createProgressElement(),this.installStylesheetElement(),this.setValue(0)show()(this.visible=!0,this.installProgressElement(),this.startTrickling())hide()this.visible&&!this.hiding&&(this.hiding=!0,this.fadeProgressElement(()=>this.uninstallProgressElement(),this.stopTrickling(),this.visible=!1,this.hiding=!1))setValue(value)this.value=value,this.refresh()installStylesheetElement()document.head.insertBefore(this.stylesheetElement,document.head.firstChild)installProgressElement()this.progressElement.style.width="0",this.progressElement.style.opacity="1",document.documentElement.insertBefore(this.progressElement,document.body),this.refresh()fadeProgressElement(callback)this.progressElement.style.opacity="0",setTimeout(callback,1.5*ProgressBar.animationDuration)uninstallProgressElement()this.progressElement.parentNode&&document.documentElement.removeChild(this.progressElement)startTrickling()(this.trickleInterval=window.setInterval(this.trickle,ProgressBar.animationDuration))stopTrickling()window.clearInterval(this.trickleInterval),delete this.trickleIntervalrefresh()requestAnimationFrame(()=>this.progressElement.style.width=10+90*this.value+"%")createStylesheetElement()var element=document.createElement("style");return element.type="text/css",element.textContent=ProgressBar.defaultCSS,this.cspNonce&&(element.nonce=this.cspNonce),elementcreateProgressElement()var element=document.createElement("div");return element.className="turbo-progress-bar",elementget cspNonce()return getMetaContent("csp-nonce")ProgressBar.animationDuration=300;class HeadSnapshot extends Snapshot{constructor(){super(...arguments),this.detailsByOuterHTML=this.children.filter(element=>!function elementIsNoscript(element)element=element.localName;return"noscript"==element(element)).map(element=>function elementWithoutNonce(element)element.hasAttribute("nonce")&&element.setAttribute("nonce","");return element(element)).reduce((result,element)=>var outerHTML=element["outerHTML"],details=outerHTML in result?result[outerHTML]:type:function elementType(element)return function elementIsScript(element)element=element.localName;return"script"==element(element)?"script":function elementIsStylesheet(element)var tagName=element.localName;return"style"==tagName(element)?"stylesheet":void 0(element),tracked:function elementIsTracked(element)return"reload"==element.getAttribute("data-turbo-track")(element),elements:[];return Object.assign(Object.assign(,result),[outerHTML]:Object.assign(Object.assign(,details),elements:[...details.elements,element])),)}get trackedElementSignature()return Object.keys(this.detailsByOuterHTML).filter(outerHTML=>this.detailsByOuterHTML[outerHTML].tracked).join("")getScriptElementsNotInSnapshot(snapshot)return this.getElementsMatchingTypeNotInSnapshot("script",snapshot)getStylesheetElementsNotInSnapshot(snapshot)return this.getElementsMatchingTypeNotInSnapshot("stylesheet",snapshot)getElementsMatchingTypeNotInSnapshot(matchedType,snapshot)return Object.keys(this.detailsByOuterHTML).filter(outerHTML=>!(outerHTML in snapshot.detailsByOuterHTML)).map(outerHTML=>this.detailsByOuterHTML[outerHTML]).filter((type)=>type==matchedType).map((elements:[element])=>element)get provisionalElements()return Object.keys(this.detailsByOuterHTML).reduce((result,outerHTML)=>vartype:outerHTML,tracked,elements=this.detailsByOuterHTML[outerHTML];return null!=outerHTML,[])getMetaValue(name)name=this.findMetaElementByName(name);return name?name.getAttribute("content"):nullfindMetaElementByName(name)return Object.keys(this.detailsByOuterHTML).reduce((result,outerHTML)=>var[outerHTML]=this.detailsByOuterHTML[outerHTML]["elements"];return function elementIsMetaElementWithName(element,name)var tagName=element.localName;return"meta"==tagName&&element.getAttribute("name")==name(outerHTML,name)?outerHTML:result,void 0)}class PageSnapshot extends Snapshotstatic fromHTMLString(html="")return this.fromDocument(parseHTMLDocument(html))static fromElement(element)return this.fromDocument(element.ownerDocument)static fromDocument(head,body)return new this(body,new HeadSnapshot(head))constructor(element,headSnapshot)super(element),this.headSnapshot=headSnapshotclone()var index,source,clonedElement=this.element.cloneNode(!0),selectElements=this.element.querySelectorAll("select"),clonedSelectElements=clonedElement.querySelectorAll("select");for([index,source]of selectElements.entries())var clone=clonedSelectElements[index];for(const option of clone.selectedOptions)option.selected=!1;for(const option of source.selectedOptions)clone.options[option.index].selected=!0for(const clonedPasswordInput of clonedElement.querySelectorAll('input[type="password"]'))clonedPasswordInput.value="";return new PageSnapshot(clonedElement,this.headSnapshot)get headElement()return this.headSnapshot.elementget rootLocation()var _a;return expandURL(null!=(_a=this.getSetting("root"))?_a:"/")get cacheControlValue()return this.getSetting("cache-control")get isPreviewable()return"no-preview"!=this.cacheControlValueget isCacheable()return"no-cache"!=this.cacheControlValueget isVisitable()return"reload"!=this.getSetting("visit-control")getSetting(name)return this.headSnapshot.getMetaValue("turbo-"+name)(prototype=TimingMetric=TimingMetric||).visitStart="visitStart",prototype.requestStart="requestStart",prototype.requestEnd="requestEnd",prototype.visitEnd="visitEnd",(prototype=VisitState=VisitState||).initialized="initialized",prototype.started="started",prototype.canceled="canceled",prototype.failed="failed";const defaultOptions=action:"advance",historyChanged:!(prototype.completed="completed"),visitCachedSnapshot:()=>,willRender:!0,updateHistory:!0,shouldCacheSnapshot:!0,acceptsStreamResponse:!1;(prototype=SystemStatusCode=SystemStatusCode||)[prototype.networkFailure=0]="networkFailure",prototype[prototype.timeoutFailure=-1]="timeoutFailure",prototype[prototype.contentTypeMismatch=-2]="contentTypeMismatch";class Visitconstructor(delegate,location2,restorationIdentifier,options=)uuid();varaction:delegate,historyChanged:location2,referrer:restorationIdentifier,snapshot:options,snapshotHTML,response,visitCachedSnapshot,willRender,updateHistory,shouldCacheSnapshot,acceptsStreamResponse=Object.assign(Object.assign(,defaultOptions),options);this.action=delegate,this.historyChanged=location2,this.referrer=restorationIdentifier,this.snapshot=options,this.snapshotHTML=snapshotHTML,this.response=response,this.isSamePage=this.delegate.locationWithActionIsSamePage(this.location,this.action),this.visitCachedSnapshot=visitCachedSnapshot,this.willRender=willRender,this.updateHistory=updateHistory,this.scrolled=!willRender,this.shouldCacheSnapshot=shouldCacheSnapshot,this.acceptsStreamResponse=acceptsStreamResponseget adapter()return this.delegate.adapterget view()return this.delegate.viewget history()return this.delegate.historyget restorationData()return this.history.getRestorationDataForIdentifier(this.restorationIdentifier)get silent()return this.isSamePagestart()this.state==VisitState.initialized&&(this.recordTimingMetric(TimingMetric.visitStart),this.state=VisitState.started,this.adapter.visitStarted(this),this.delegate.visitStarted(this))cancel()this.state==VisitState.started&&(this.request&&this.request.cancel(),this.cancelRender(),this.state=VisitState.canceled)complete()(this.adapter.visitCompleted(this),this.delegate.visitCompleted(this)))fail()this.state==VisitState.started&&(this.state=VisitState.failed,this.adapter.visitFailed(this))changeHistory()var _a;!this.historyChanged&&this.updateHistory&&(_a=getHistoryMethodForAction(this.location.href===(null==(_a=this.referrer)?void 0:_a.href)?"replace":this.action),this.history.update(_a,this.location,this.restorationIdentifier),this.historyChanged=!0)issueRequest()this.hasPreloadedResponse()?this.simulateRequest():this.shouldIssueRequest()&&!this.request&&(this.request=new FetchRequest(this,FetchMethod.get,this.location),this.request.perform())simulateRequest()this.response&&(this.startRequest(),this.recordResponse(),this.finishRequest())startRequest()this.recordTimingMetric(TimingMetric.requestStart),this.adapter.visitRequestStarted(this)recordResponse(response=this.response)(this.response=response)&&(response=response["statusCode"],isSuccessful(response)?this.adapter.visitRequestCompleted(this):this.adapter.visitRequestFailedWithStatusCode(this,response))finishRequest()this.recordTimingMetric(TimingMetric.requestEnd),this.adapter.visitRequestFinished(this)loadResponse()if(this.response)conststatusCode,responseHTML=this.response;this.render(()=>__async$3(this,null,function*()this.shouldCacheSnapshot&&this.cacheSnapshot(),this.view.renderPromise&&(yield this.view.renderPromise),isSuccessful(statusCode)&&null!=responseHTML?(yield this.view.renderPage(PageSnapshot.fromHTMLString(responseHTML),!1,this.willRender,this),this.performScroll(),this.adapter.visitRendered(this),this.complete()):(yield this.view.renderError(PageSnapshot.fromHTMLString(responseHTML),this),this.adapter.visitRendered(this),this.fail())))getCachedSnapshot()getPreloadedSnapshot()if(this.snapshotHTML)return PageSnapshot.fromHTMLString(this.snapshotHTML)hasCachedSnapshot()return null!=this.getCachedSnapshot()loadCachedSnapshot()const snapshot=this.getCachedSnapshot();if(snapshot)const isPreview=this.shouldIssueRequest();this.render(()=>__async$3(this,null,function*()this.complete())))followRedirect()var _a;this.redirectedToLocation&&!this.followedRedirect&&null!=(_a=this.response)&&_a.redirected&&(this.adapter.visitProposedToLocation(this.redirectedToLocation,action:"replace",response:this.response,shouldCacheSnapshot:!1,willRender:!1),this.followedRedirect=!0)goToSamePageAnchor()this.isSamePage&&this.render(()=>__async$3(this,null,function*()this.cacheSnapshot(),this.performScroll(),this.changeHistory(),this.adapter.visitRendered(this)))prepareRequest(request)this.acceptsStreamResponse&&request.acceptResponseType(StreamMessage.contentType)requestStarted()this.startRequest()requestPreventedHandlingResponse(_request,_response)requestSucceededWithResponse(request,response)return __async$3(this,null,function*()var responseHTML=yield response.responseHTML,redirected,statusCode=response;null==responseHTML?this.recordResponse(statusCode:SystemStatusCode.contentTypeMismatch,redirected:redirected):(this.redirectedToLocation=response.redirected?response.location:void 0,this.recordResponse(statusCode:statusCode,responseHTML:responseHTML,redirected:redirected)))requestFailedWithResponse(request,response)return __async$3(this,null,function*()var responseHTML=yield response.responseHTML,redirected,statusCode=response;null==responseHTML?this.recordResponse(statusCode:SystemStatusCode.contentTypeMismatch,redirected:redirected):this.recordResponse(statusCode:statusCode,responseHTML:responseHTML,redirected:redirected))requestErrored(_request,_error)this.recordResponse(statusCode:SystemStatusCode.networkFailure,redirected:!1)requestFinished()this.finishRequest()performScroll()this.view.forceReloadedscrollToRestoredPosition()var scrollPosition=this.restorationData["scrollPosition"];if(scrollPosition)return this.view.scrollToPosition(scrollPosition),!0scrollToAnchor()var anchor=getAnchor(this.location);if(null!=anchor)return this.view.scrollToAnchor(anchor),!0recordTimingMetric(metric)this.timingMetrics[metric]=(new Date).getTime()getTimingMetrics()return Object.assign(,this.timingMetrics)getHistoryMethodForAction(action)switch(action)case"replace":return history.replaceState;case"advance":case"restore":return history.pushStatehasPreloadedResponse()return"object"==typeof this.responseshouldIssueRequest()return!this.isSamePage&&("restore"==this.action?!this.hasCachedSnapshot():this.willRender)cacheSnapshot()this.snapshotCachedrender(callback)return __async$3(this,null,function*()this.cancelRender(),yield new Promise(resolve=>this.frame=requestAnimationFrame(()=>resolve())),yield callback(),delete this.frame)cancelRender()this.frame&&(cancelAnimationFrame(this.frame),delete this.frame)function isSuccessful(statusCode)return 200<=statusCode&&statusCode<300class BrowserAdapter{constructor(session2)this.progressBar=new ProgressBar,this.showProgressBar=()=>this.progressBar.show(),this.session=session2visitProposedToLocation(location2,options)uuid(),options)visitStarted(visit2)this.location=visit2.location,visit2.loadCachedSnapshot(),visit2.issueRequest(),visit2.goToSamePageAnchor()visitRequestStarted(visit2)visitRequestCompleted(visit2)visit2.loadResponse()visitRequestFailedWithStatusCode(visit2,statusCode)switch(statusCode)case SystemStatusCode.networkFailure:case SystemStatusCode.timeoutFailure:case SystemStatusCode.contentTypeMismatch:return this.reload(reason:"request_failed",context:statusCode:statusCode);default:return visit2.loadResponse()visitRequestFinished(_visit)this.progressBar.setValue(1),this.hideVisitProgressBar()visitCompleted(_visit)pageInvalidated(reason)this.reload(reason)visitFailed(_visit)visitRendered(_visit)formSubmissionStarted(_formSubmission)this.progressBar.setValue(0),this.showFormProgressBarAfterDelay()formSubmissionFinished(_formSubmission)this.progressBar.setValue(1),this.hideFormProgressBar()showVisitProgressBarAfterDelay()this.visitProgressBarTimeout=window.setTimeout(this.showProgressBar,this.session.progressBarDelay)hideVisitProgressBar()this.progressBar.hide(),null!=this.visitProgressBarTimeout&&(window.clearTimeout(this.visitProgressBarTimeout),delete this.visitProgressBarTimeout)showFormProgressBarAfterDelay()null==this.formProgressBarTimeout&&(this.formProgressBarTimeout=window.setTimeout(this.showProgressBar,this.session.progressBarDelay))hideFormProgressBar()this.progressBar.hide(),null!=this.formProgressBarTimeout&&(window.clearTimeout(this.formProgressBarTimeout),delete this.formProgressBarTimeout)reload(reason)window.location.hrefget navigator()return this.session.navigator}class CacheObserverconstructor()this.selector="[data-turbo-temporary]",this.deprecatedSelector="[data-turbo-cache=false]",this.started=!1,this.removeTemporaryElements=_event=>for(const element of this.temporaryElements)element.remove()start()(this.started=!0,addEventListener("turbo:before-cache",this.removeTemporaryElements,!1))stop()this.started&&(this.started=!1,removeEventListener("turbo:before-cache",this.removeTemporaryElements,!1))get temporaryElements()return[...document.querySelectorAll(this.selector),...this.temporaryElementsWithDeprecation]get temporaryElementsWithDeprecation()var elements=document.querySelectorAll(this.deprecatedSelector);return elements.length&&console.warn(`The $this.deprecatedSelector selector is deprecated and will be removed in a future version. Use $this.selector instead.`),[...elements]class FrameRedirectorconstructor(session2,element)this.session=session2,this.element=element,this.linkInterceptor=new LinkInterceptor(this,element),this.formSubmitObserver=new FormSubmitObserver(this,element)start()this.linkInterceptor.start(),this.formSubmitObserver.start()stop()this.linkInterceptor.stop(),this.formSubmitObserver.stop()shouldInterceptLinkClick(element,_location,_event)return this.shouldRedirect(element)linkClickIntercepted(element,url,event)var frame=this.findFrameElement(element);frame&&frame.delegate.linkClickIntercepted(element,url,event)willSubmitForm(element,submitter)return null==element.closest("turbo-frame")&&this.shouldSubmit(element,submitter)&&this.shouldRedirect(element,submitter)formSubmitted(element,submitter)var frame=this.findFrameElement(element,submitter);frame&&frame.delegate.formSubmitted(element,submitter)shouldSubmit(form,submitter)var action=getAction(form,submitter),meta=this.element.ownerDocument.querySelector('meta[name="turbo-root"]'),meta=expandURL(null!=(meta=null==meta?void 0:meta.content)?meta:"/");return this.shouldRedirect(form,submitter)&&locationIsVisitable(action,meta)shouldRedirect(element,submitter)return!!(element instanceof HTMLFormElement?this.session.submissionIsNavigatable(element,submitter):this.session.elementIsNavigatable(element))&&(!!(submitter=this.findFrameElement(element,submitter))&&submitter!=element.closest("turbo-frame"))findFrameElement(element,submitter)submitter=(null==submitter?void 0:submitter.getAttribute("data-turbo-frame"))class Historyconstructor(delegate)this.restorationIdentifier=uuid(),this.restorationData=,this.started=!1,this.pageLoaded=!1,this.onPopState=event=>)["turbo"],event&&(this.location=new URL(window.location.href),event=event["restorationIdentifier"],this.restorationIdentifier=event,this.delegate.historyPoppedToLocationWithRestorationIdentifier(this.location,event))),this.onPageLoad=_event=>__async$3(this,null,function*()yield function nextMicrotask()return Promise.resolve()(),this.pageLoaded=!0),this.delegate=delegatestart()(addEventListener("popstate",this.onPopState,!1),addEventListener("load",this.onPageLoad,!1),this.started=!0,this.replace(new URL(window.location.href)))stop()this.started&&(removeEventListener("popstate",this.onPopState,!1),removeEventListener("load",this.onPageLoad,!1),this.started=!1)push(location2,restorationIdentifier)this.update(history.pushState,location2,restorationIdentifier)replace(location2,restorationIdentifier)this.update(history.replaceState,location2,restorationIdentifier)update(method,location2,restorationIdentifier=uuid())method.call(history,turbo:restorationIdentifier:restorationIdentifier,"",location2.href),this.location=location2,this.restorationIdentifier=restorationIdentifiergetRestorationDataForIdentifier(restorationIdentifier)updateRestorationData(additionalData)var restorationIdentifier=this["restorationIdentifier"],restorationData=this.restorationData[restorationIdentifier];this.restorationData[restorationIdentifier]=Object.assign(Object.assign(,restorationData),additionalData)assumeControlOfScrollRestoration()(this.previousScrollRestoration=null!=(_a=history.scrollRestoration)?_a:"auto",history.scrollRestoration="manual")relinquishControlOfScrollRestoration()this.previousScrollRestoration&&(history.scrollRestoration=this.previousScrollRestoration,delete this.previousScrollRestoration)shouldHandlePopState()return this.pageIsLoaded()pageIsLoaded()"complete"==document.readyStateclass Navigator{constructor(delegate)this.delegate=delegateproposeVisit(location2,options=)this.delegate.allowsVisitingLocationWithAction(location2,options.action)&&(locationIsVisitable(location2,this.view.snapshot.rootLocation)?this.delegate.visitProposedToLocation(location2,options):window.location.href=location2.toString())startVisit(locatable,restorationIdentifier,options=)this.stop(),this.currentVisit=new Visit(this,expandURL(locatable),restorationIdentifier,Object.assign(referrer:this.location,options)),this.currentVisit.start()submitForm(form,submitter)this.stop(),this.formSubmission=new FormSubmission(this,form,submitter,!0),this.formSubmission.start()stop()this.formSubmission&&(this.formSubmission.stop(),delete this.formSubmission),this.currentVisit&&(this.currentVisit.cancel(),delete this.currentVisit)get adapter()return this.delegate.adapterget view()return this.delegate.viewget history()return this.delegate.historyformSubmissionStarted(formSubmission)"function"==typeof this.adapter.formSubmissionStarted&&this.adapter.formSubmissionStarted(formSubmission)formSubmissionSucceededWithResponse(formSubmission,fetchResponse)return __async$3(this,null,function*()this.view.clearSnapshotCache(),fetchResponse),action=this.getActionForFormSubmission(formSubmission),this.proposeVisit(fetchResponse.location,action:action,shouldCacheSnapshot:shouldCacheSnapshot,response:statusCode:statusCode,responseHTML:responseHTML,redirected:redirected)))formSubmissionFailedWithResponse(formSubmission,fetchResponse)return __async$3(this,null,function*()var responseHTML=yield fetchResponse.responseHTML;responseHTML&&(responseHTML=PageSnapshot.fromHTMLString(responseHTML),fetchResponse.serverError?yield this.view.renderError(responseHTML,this.currentVisit):yield this.view.renderPage(responseHTML,!1,!0,this.currentVisit),this.view.scrollToTop(),this.view.clearSnapshotCache()))formSubmissionErrored(formSubmission,error)console.error(error)formSubmissionFinished(formSubmission)"function"==typeof this.adapter.formSubmissionFinished&&this.adapter.formSubmissionFinished(formSubmission)visitStarted(visit2)this.delegate.visitStarted(visit2)visitCompleted(visit2)this.delegate.visitCompleted(visit2)locationWithActionIsSamePage(location2,action)null!=anchor&&anchor!==currentAnchor)visitScrolledToSamePageLocation(oldURL,newURL)this.delegate.visitScrolledToSamePageLocation(oldURL,newURL)get location()return this.history.locationget restorationIdentifier()return this.history.restorationIdentifiergetActionForFormSubmission(submitter,formElement)return getVisitAction(submitter,formElement)}(prototype=PageStage=PageStage||)[prototype.initial=0]="initial",prototype[prototype.loading=1]="loading",prototype[prototype.interactive=2]="interactive",prototype[prototype.complete=3]="complete";class PageObserverconstructor(delegate)this.stage=PageStage.initial,this.started=!1,this.interpretReadyState=()=>var readyState=this["readyState"];"interactive"==readyState?this.pageIsInteractive():"complete"==readyState&&this.pageIsComplete(),this.pageWillUnload=()=>this.delegate.pageWillUnload(),this.delegate=delegatestart()this.startedstop()this.started&&(document.removeEventListener("readystatechange",this.interpretReadyState,!1),removeEventListener("pagehide",this.pageWillUnload,!1),this.started=!1)pageIsInteractive()this.stage==PageStage.loading&&(this.stage=PageStage.interactive,this.delegate.pageBecameInteractive())pageIsComplete()this.pageIsInteractive(),this.stage==PageStage.interactive&&(this.stage=PageStage.complete,this.delegate.pageLoaded())get readyState()return document.readyStateclass ScrollObserverconstructor(delegate)this.started=!1,this.onScroll=()=>this.updatePosition(x:window.pageXOffset,y:window.pageYOffset),this.delegate=delegatestart()(addEventListener("scroll",this.onScroll,!1),this.onScroll(),this.started=!0)stop()this.started&&(removeEventListener("scroll",this.onScroll,!1),this.started=!1)updatePosition(position)this.delegate.scrollPositionChanged(position)class StreamMessageRenderer{render(fragment)Bardo.preservingPermanentElements(this,function getPermanentElementMapForFragment(fragment)var permanentElementsInDocument=queryPermanentElementsAll(document.documentElement),permanentElementMap=;for(const permanentElementInDocument of permanentElementsInDocument)var id=permanentElementInDocument["id"];for(const streamElement of fragment.querySelectorAll("turbo-stream"))var elementInStream=getPermanentElementById(streamElement.templateElement.content,id);elementInStream&&(permanentElementMap[id]=[permanentElementInDocument,elementInStream])return permanentElementMap(fragment),()=>document.documentElement.appendChild(fragment))enteringBardo(currentPermanentElement,newPermanentElement)newPermanentElement.replaceWith(currentPermanentElement.cloneNode(!0))leavingBardo()}class StreamObserverconstructor(delegate)this.sources=new Set,this.started=!1,this.inspectFetchResponse=event=>var response=function fetchResponseFromEvent(event)event=null==(event=event.detail)?void 0:event.fetchResponse;if(event instanceof FetchResponse)return event(event);response&&function fetchResponseIsStream(response)response=null!=(response=response.contentType)?response:"";return response.startsWith(StreamMessage.contentType)(response)&&(event.preventDefault(),this.receiveMessageResponse(response)),this.receiveMessageEvent=event=>this.started&&"string"==typeof event.data&&this.receiveMessageHTML(event.data),this.delegate=delegatestart()(this.started=!0,addEventListener("turbo:before-fetch-response",this.inspectFetchResponse,!1))stop()this.started&&(this.started=!1,removeEventListener("turbo:before-fetch-response",this.inspectFetchResponse,!1))connectStreamSource(source)this.streamSourceIsConnected(source)disconnectStreamSource(source)this.streamSourceIsConnected(source)&&(this.sources.delete(source),source.removeEventListener("message",this.receiveMessageEvent,!1))streamSourceIsConnected(source)return this.sources.has(source)receiveMessageResponse(response)return __async$3(this,null,function*()var html=yield response.responseHTML;html&&this.receiveMessageHTML(html))receiveMessageHTML(html)this.delegate.receivedMessageFromStream(StreamMessage.wrap(html))class ErrorRenderer extends Rendererstatic renderElement(currentElement,newElement)vardocumentElement,body=document;documentElement.replaceChild(newElement,body)render()return __async$3(this,null,function*()this.replaceHeadAndBody(),this.activateScriptElements())replaceHeadAndBody()vardocumentElement,head=document;documentElement.replaceChild(this.newHead,head),this.renderElement(this.currentElement,this.newElement)activateScriptElements()for(const replaceableElement of this.scriptElements)var element,parentNode=replaceableElement.parentNode;parentNode&&(element=activateScriptElement(replaceableElement),parentNode.replaceChild(element,replaceableElement))get newHead()return this.newSnapshot.headSnapshot.elementget scriptElements()return document.documentElement.querySelectorAll("script")class PageRenderer extends Renderer{static renderElement(currentElement,newElement)document.body&&newElement instanceof HTMLBodyElement?document.body.replaceWith(newElement):document.documentElement.appendChild(newElement)get shouldRender()return this.newSnapshot.isVisitable&&this.trackedElementsAreIdenticalget reloadReason()return this.newSnapshot.isVisitable?this.trackedElementsAreIdentical?void 0:reason:"tracked_element_mismatch":reason:"turbo_visit_control_is_reload"prepareToRender()return __async$3(this,null,function*()yield this.mergeHead())render()return __async$3(this,null,function*()this.willRender&&(yield this.replaceBody()))finishRendering()this.focusFirstAutofocusableElement()get currentHeadSnapshot()return this.currentSnapshot.headSnapshotget newHeadSnapshot()return this.newSnapshot.headSnapshotget newElement()return this.newSnapshot.elementmergeHead()return __async$3(this,null,function*()var mergedHeadElements=this.mergeProvisionalElements(),newStylesheetElements=this.copyNewHeadStylesheetElements();this.copyNewHeadScriptElements(),yield mergedHeadElements,yield newStylesheetElements)replaceBody()return __async$3(this,null,function*()yield this.preservingPermanentElements(()=>__async$3(this,null,function*()this.activateNewBody(),yield this.assignNewBody())))get trackedElementsAreIdentical()return this.currentHeadSnapshot.trackedElementSignature==this.newHeadSnapshot.trackedElementSignaturecopyNewHeadStylesheetElements(){return __async$3(this,null,function*()var loadingElements=[];for(const element of this.newHeadStylesheetElements)loadingElements.push(function waitForLoad(element,timeoutInMilliseconds=2e3)return new Promise(resolve=>const onComplete=()=>element.removeEventListener("error",onComplete),element.removeEventListener("load",onComplete),resolve();element.addEventListener("load",onComplete,once:!0),element.addEventListener("error",onComplete,once:!0),setTimeout(resolve,timeoutInMilliseconds))(element)),document.head.appendChild(element);yield Promise.all(loadingElements))}copyNewHeadScriptElements()for(const element of this.newHeadScriptElements)document.head.appendChild(activateScriptElement(element))mergeProvisionalElements()return __async$3(this,null,function*())isCurrentElementInElementList(element,elementList)for(var[index,newElement]of elementList.entries())if("TITLE"==element.tagName)if("TITLE"!=newElement.tagName)continue;if(element.innerHTML==newElement.innerHTML)return elementList.splice(index,1),!0if(newElement.isEqualNode(element))return elementList.splice(index,1),!0return!1removeCurrentHeadProvisionalElements()for(const element of this.currentHeadProvisionalElements)document.head.removeChild(element)copyNewHeadProvisionalElements()for(const element of this.newHeadProvisionalElements)document.head.appendChild(element)activateNewBody()document.adoptNode(this.newElement),this.activateNewBodyScriptElements()activateNewBodyScriptElements()for(const inertScriptElement of this.newBodyScriptElements)var activatedScriptElement=activateScriptElement(inertScriptElement);inertScriptElement.replaceWith(activatedScriptElement)assignNewBody()return __async$3(this,null,function*()yield this.renderElement(this.currentElement,this.newElement))get newHeadStylesheetElements()return this.newHeadSnapshot.getStylesheetElementsNotInSnapshot(this.currentHeadSnapshot)get newHeadScriptElements()return this.newHeadSnapshot.getScriptElementsNotInSnapshot(this.currentHeadSnapshot)get currentHeadProvisionalElements()return this.currentHeadSnapshot.provisionalElementsget newHeadProvisionalElements()return this.newHeadSnapshot.provisionalElementsget newBodyScriptElements()return this.newElement.querySelectorAll("script")}class SnapshotCacheconstructor(size)this.keys=[],this.snapshots=,this.size=sizehas(location2)return toCacheKey(location2)in this.snapshotsget(location2)var snapshot;if(this.has(location2))return snapshot=this.read(location2),this.touch(location2),snapshotput(location2,snapshot)return this.write(location2,snapshot),this.touch(location2),snapshotclear()this.snapshots=read(location2)return this.snapshots[toCacheKey(location2)]write(location2,snapshot)this.snapshots[toCacheKey(location2)]=snapshottouch(location2)var location2=toCacheKey(location2),index=this.keys.indexOf(location2);-1setTimeout(()=>resolve(),0))(),snapshot=snapshot.clone(),this.snapshotCache.put(location2,snapshot),snapshot)getCachedSnapshotForLocation(location2)return this.snapshotCache.get(location2)get snapshot()return PageSnapshot.fromElement(this.element)class Preloader{constructor(delegate)this.selector="a[data-turbo-preload]",this.delegate=delegateget snapshotCache()return this.delegate.navigator.view.snapshotCachestart()if("loading"===document.readyState)return document.addEventListener("DOMContentLoaded",()=>this.preloadOnLoadLinksForView(document.body));this.preloadOnLoadLinksForView(document.body)preloadOnLoadLinksForView(element)for(const link of element.querySelectorAll(this.selector))this.preloadURL(link)preloadURL(link){return __async$3(this,null,function*()var location2=new URL(link.href);if(!this.snapshotCache.has(location2))tryvar responseText=yield(yield fetch(location2.toString(),headers:"VND.PREFETCH":"true",Accept:"text/html")).text(),snapshot=PageSnapshot.fromHTMLString(responseText);this.snapshotCache.put(location2,snapshot)catch(_))}}function extendURLWithDeprecatedProperties(url)Object.defineProperties(url,deprecatedLocationPropertyDescriptors)const deprecatedLocationPropertyDescriptors=absoluteURL:get()return this.toString();const StreamActions=after()this.targetElements.forEach(e=>var _a;return null==(_a=e.parentElement)?void 0:_a.insertBefore(this.templateContent,e.nextSibling)),append()this.removeDuplicateTargetChildren(),this.targetElements.forEach(e=>e.append(this.templateContent)),before()this.targetElements.forEach(e=>var _a;return null==(_a=e.parentElement)?void 0:_a.insertBefore(this.templateContent,e)),prepend()this.removeDuplicateTargetChildren(),this.targetElements.forEach(e=>e.prepend(this.templateContent)),remove()this.targetElements.forEach(e=>e.remove()),replace()this.targetElements.forEach(e=>e.replaceWith(this.templateContent)),update()this.targetElements.forEach(targetElement=>targetElement.innerHTML="",targetElement.append(this.templateContent)),session=new class Sessionconstructor()this.navigator=new Navigator(this),this.history=new History(this),this.preloader=new Preloader(this),this.view=new PageView(this,document.documentElement),this.adapter=new BrowserAdapter(this),this.pageObserver=new PageObserver(this),this.cacheObserver=new CacheObserver,this.linkClickObserver=new LinkClickObserver(this,window),this.formSubmitObserver=new FormSubmitObserver(this,document),this.scrollObserver=new ScrollObserver(this),this.streamObserver=new StreamObserver(this),this.formLinkClickObserver=new FormLinkClickObserver(this,document.documentElement),this.frameRedirector=new FrameRedirector(this,document.documentElement),this.streamMessageRenderer=new StreamMessageRenderer,this.drive=!0,this.enabled=!0,this.progressBarDelay=500,this.started=!1,this.formMode="on"start()(this.pageObserver.start(),this.cacheObserver.start(),this.formLinkClickObserver.start(),this.linkClickObserver.start(),this.formSubmitObserver.start(),this.scrollObserver.start(),this.streamObserver.start(),this.frameRedirector.start(),this.history.start(),this.preloader.start(),this.started=!0,this.enabled=!0)disable()this.enabled=!1stop()this.started&&(this.pageObserver.stop(),this.cacheObserver.stop(),this.formLinkClickObserver.stop(),this.linkClickObserver.stop(),this.formSubmitObserver.stop(),this.scrollObserver.stop(),this.streamObserver.stop(),this.frameRedirector.stop(),this.history.stop(),this.started=!1)registerAdapter(adapter)this.adapter=adaptervisit(location2,options=)var frameElement=options.frame?document.getElementById(options.frame):null;frameElement instanceof FrameElement?(frameElement.src=location2.toString(),frameElement.loaded):this.navigator.proposeVisit(expandURL(location2),options)connectStreamSource(source)this.streamObserver.connectStreamSource(source)disconnectStreamSource(source)this.streamObserver.disconnectStreamSource(source)renderStreamMessage(message)this.streamMessageRenderer.render(StreamMessage.wrap(message))clearCache()this.view.clearSnapshotCache()setProgressBarDelay(delay)this.progressBarDelay=delaysetFormMode(mode)this.formMode=modeget location()return this.history.locationget restorationIdentifier()return this.history.restorationIdentifierhistoryPoppedToLocationWithRestorationIdentifier(location2,restorationIdentifier)this.enabled?this.navigator.startVisit(location2,restorationIdentifier,action:"restore",historyChanged:!0):this.adapter.pageInvalidated(reason:"turbo_disabled")scrollPositionChanged(position)this.history.updateRestorationData(scrollPosition:position)willSubmitFormLinkToLocation(link,location2)return this.elementIsNavigatable(link)&&locationIsVisitable(location2,this.snapshot.rootLocation)submittedFormLinkToLocation()willFollowLinkToLocation(link,location2,event)return this.elementIsNavigatable(link)&&locationIsVisitable(location2,this.snapshot.rootLocation)&&this.applicationAllowsFollowingLinkToLocation(link,location2,event)followedLinkToLocation(link,location2)var action=this.getActionForLink(link),link=link.hasAttribute("data-turbo-stream");this.visit(location2.href,action:action,acceptsStreamResponse:link)allowsVisitingLocationWithAction(location2,action)visitProposedToLocation(location2,options)extendURLWithDeprecatedProperties(location2),this.adapter.visitProposedToLocation(location2,options)visitStarted(visit2)visitCompleted(visit2)clearBusyState(document.documentElement),this.notifyApplicationAfterPageLoad(visit2.getTimingMetrics())locationWithActionIsSamePage(location2,action)return this.navigator.locationWithActionIsSamePage(location2,action)visitScrolledToSamePageLocation(oldURL,newURL)this.notifyApplicationAfterVisitingSamePageLocation(oldURL,newURL)willSubmitForm(form,submitter)var action=getAction(form,submitter);return this.submissionIsNavigatable(form,submitter)&&locationIsVisitable(expandURL(action),this.snapshot.rootLocation)formSubmitted(form,submitter)this.navigator.submitForm(form,submitter)pageBecameInteractive()this.view.lastRenderedLocation=this.location,this.notifyApplicationAfterPageLoad()pageLoaded()this.history.assumeControlOfScrollRestoration()pageWillUnload()this.history.relinquishControlOfScrollRestoration()receivedMessageFromStream(message)this.renderStreamMessage(message)viewWillCacheSnapshot()var _a;null!=(_a=this.navigator.currentVisit)&&_a.silentallowsImmediateRender(element,options)vardefaultPrevented:element,detail:render:options=this.notifyApplicationBeforeRender(element,options);return this.view.renderer&&options&&(this.view.renderer.renderElement=options),!elementviewRenderedSnapshot(_snapshot,_isPreview)this.view.lastRenderedLocation=this.history.location,this.notifyApplicationAfterRender()preloadOnLoadLinksForView(element)this.preloader.preloadOnLoadLinksForView(element)viewInvalidated(reason)this.adapter.pageInvalidated(reason)frameLoaded(frame)this.notifyApplicationAfterFrameLoad(frame)frameRendered(fetchResponse,frame)this.notifyApplicationAfterFrameRender(fetchResponse,frame)applicationAllowsFollowingLinkToLocation(link,location2,ev)return!this.notifyApplicationAfterClickingLinkToLocation(link,location2,ev).defaultPreventedapplicationAllowsVisitingLocation(location2)return!this.notifyApplicationBeforeVisitingLocation(location2).defaultPreventednotifyApplicationAfterClickingLinkToLocation(link,location2,event)return dispatch("turbo:click",target:link,detail:url:location2.href,originalEvent:event,cancelable:!0)notifyApplicationBeforeVisitingLocation(location2)return dispatch("turbo:before-visit",detail:url:location2.href,cancelable:!0)notifyApplicationAfterVisitingLocation(location2,action)return dispatch("turbo:visit",detail:url:location2.href,action:action)notifyApplicationBeforeCachingSnapshot()return dispatch("turbo:before-cache")notifyApplicationBeforeRender(newBody,options)return dispatch("turbo:before-render",detail:Object.assign(newBody:newBody,options),cancelable:!0)notifyApplicationAfterRender()return dispatch("turbo:render")notifyApplicationAfterPageLoad(timing=)return dispatch("turbo:load",detail:url:this.location.href,timing:timing)notifyApplicationAfterVisitingSamePageLocation(oldURL,newURL)dispatchEvent(new HashChangeEvent("hashchange",oldURL:oldURL.toString(),newURL:newURL.toString()))notifyApplicationAfterFrameLoad(frame)return dispatch("turbo:frame-load",target:frame)notifyApplicationAfterFrameRender(fetchResponse,frame)return dispatch("turbo:frame-render",detail:fetchResponse:fetchResponse,target:frame,cancelable:!0)submissionIsNavigatable(form,submitter)elementIsNavigatable(element)"false"!=container.getAttribute("data-turbo"):!!container&&"true"==container.getAttribute("data-turbo")getActionForLink(link)"advance"get snapshot()return this.view.snapshot;var prototype=new class Cacheconstructor(session2)this.session=session2clear()this.session.clearCache()resetCacheControl()this.setCacheControl("")exemptPageFromCache()this.setCacheControl("no-cache")exemptPageFromPreview()this.setCacheControl("no-preview")setCacheControl(value)!function setMetaContent(name,content)("turbo-cache-control",value)(session),navigator$1=session["navigator"];function start()session.start()function registerAdapter(adapter)session.registerAdapter(adapter)function visit(location2,options)session.visit(location2,options)function connectStreamSource(source)session.connectStreamSource(source)function disconnectStreamSource(source)session.disconnectStreamSource(source)function renderStreamMessage(message)session.renderStreamMessage(message)function clearCache()console.warn("Please replace `Turbo.clearCache()` with `Turbo.cache.clear()`. The top-level function is deprecated and will be removed in a future version of Turbo.`"),session.clearCache()function setProgressBarDelay(delay)session.setProgressBarDelay(delay)function setConfirmMethod(confirmMethod)FormSubmission.confirmMethod=confirmMethodfunction setFormMode(mode)session.setFormMode(mode)var Turbo=Object.freeze(__proto__:null,navigator:navigator$1,session:session,cache:prototype,PageRenderer:PageRenderer,PageSnapshot:PageSnapshot,FrameRenderer:FrameRenderer,start:start,registerAdapter:registerAdapter,visit:visit,connectStreamSource:connectStreamSource,disconnectStreamSource:disconnectStreamSource,renderStreamMessage:renderStreamMessage,clearCache:clearCache,setProgressBarDelay:setProgressBarDelay,setConfirmMethod:setConfirmMethod,setFormMode:setFormMode,StreamActions:StreamActions);class TurboFrameMissingError extends Errorfunction getFrameElementById(id)if(null!=id)id=document.getElementById(id);if(id instanceof FrameElement)return idfunction activateElement(element,currentURL)if(element)var src=element.getAttribute("src");if(null!=src&&null!=currentURL&&function urlsAreEqual(left,right)return expandURL(left).href==expandURL(right).href(src,currentURL))throw new Error(`Matching element has a source URL which references itself`);if((element=element.ownerDocument!==document?document.importNode(element,!0):element)instanceof FrameElement)return element.connectedCallback(),element.disconnectedCallback(),elementclass StreamElement extends HTMLElementstatic renderElement(newElement)return __async$3(this,null,function*()yield newElement.performAction())connectedCallback()return __async$3(this,null,function*()tryyield this.render()catch(error)console.error(error)finallythis.disconnect())render()return __async$3(this,null,function*()var _a;return null!=(_a=this.renderPromise)?_a:this.renderPromise=__async$3(this,null,function*()var event=this.beforeRenderEvent;this.dispatchEvent(event)&&(yield nextAnimationFrame(),yield event.detail.render(this))))disconnect()trythis.remove()catch(_a)removeDuplicateTargetChildren()this.duplicateChildren.forEach(c=>c.remove())get duplicateChildren()get performAction()if(this.action)var actionFunction=StreamActions[this.action];if(actionFunction)return actionFunction;this.raise("unknown action")this.raise("action attribute is missing")get targetElements()return this.target?this.targetElementsById:this.targets?this.targetElementsByQuery:void this.raise("target or targets attribute is missing")get templateContent()return this.templateElement.content.cloneNode(!0)get templateElement()var template;return null===this.firstElementChild?(template=this.ownerDocument.createElement("template"),this.appendChild(template),template):this.firstElementChild instanceof HTMLTemplateElement?this.firstElementChild:void this.raise("first child element must be a
