Is the US Dollar overbought?
If you are considering entering a trade that attempts to predict the a top of the current US dollar upward trend, it's important to keep in mind the historical context of its recent strength. The US dollar is still relatively quite low and has a long way to go yet before you may call it expensive.
I would advise against betting against the USD until we have a signal that we have some price stability even though certain indicators such as the CCI say that it is over-valued. (This might also mean that all things being equal, all commodities valued in USD should only be sold or not traded at all.)
I would advise against betting against the USD until we have a signal that we have some price stability even though certain indicators such as the CCI say that it is over-valued. (This might also mean that all things being equal, all commodities valued in USD should only be sold or not traded at all.)
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.