ChartTellsAll

US DOLLAR LONG TERM OUTLOOK IS GREAT

Panjang
TVC:DXY   Indeks Mata Wang Dolar A.S.
Looking back since the 60's the DXY chart creates a falling wedge. Which we have now broken out of. The current chart shows a double bottom that began with the leg down in 1986. This entire double bottom is accumulation. The MACD shows a divergence, which supports accumulation.

This latest run up seems to have a lot of upward momentum, there is 30 years of accumulation behind it so thats not necessarily surprising. Many people are currently speculating another recession in the US economy but it is my belief we will see a strong dollar in the coming years. Maybe even a new all time high.
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.