DXY: Update - Potential bottom of the retracement
Telah dikemas kini
DXY seems to have bottomed after correcting the post-election uptrend for some time.
The 'Time at mode' signals indicate we have a bottom here, and since the top down analysis suggests we will see a massive rally in the dollar, I'm willing to maintain a long bias for the longer term.
I'm long
USDNOK, 
USDSEK, 
USDMXN and short 
GBPUSD for now, whilst flat the Euro. I might take short term longs in that pair from time to time, so I leave it for speculative shorter term setups only.
I'm also long gold and miners, as a hedge for my equities and forex portfolio.
Good luck,
Ivan Labrie.
The 'Time at mode' signals indicate we have a bottom here, and since the top down analysis suggests we will see a massive rally in the dollar, I'm willing to maintain a long bias for the longer term.
I'm long
USDNOK, USDSEK, USDMXN and short GBPUSD for now, whilst flat the Euro. I might take short term longs in that pair from time to time, so I leave it for speculative shorter term setups only.I'm also long gold and miners, as a hedge for my equities and forex portfolio.
Good luck,
Ivan Labrie.
Nota
The green line isn't a trendline, it was drawn before the bottom here...
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.