If it is going to turn, Now would be a good time.

The media is massively FUDDING the USD.
I do not believe this is a coincidence that we experience this at such a critical perhaps turning point double bottom on the DXY.
Its hard to hold dollars right now, They've been crushed for awhile, and assets have been going up.
I am suggesting this ends soon.
If we go below the white box, im a complete clown.
I do not believe this is a coincidence that we experience this at such a critical perhaps turning point double bottom on the DXY.
Its hard to hold dollars right now, They've been crushed for awhile, and assets have been going up.
I am suggesting this ends soon.
If we go below the white box, im a complete clown.
Nota
Okay it felt like taking peoples stop losses first, then reversing up. Same idea still. No clown hat yet.Nota
I mean, still followin the plan it seems.Nota
Keep er goin!Nota
Lets see if it lasts. some important resistances are not far above us now. Namely the 100 day moving average and the march 2023 swing high of 105.88If these are cleared, i dont see why we dont test new All Time High.
Some ask why I track this, and simply, if the DXY is trending, it usually impacts broader markets in one way or another.
IF DXY is not trending, and rather it is ranging, then markets tend to do quite well.
so for markets to continue doing well, you would hope dxy does not break 105.88.
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.
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.