tdmpac
Short

Dollar Party Ending

TVC:DXY   The U.S. Dollar Index
33 0 2
We are at the end of a rising wedge , indicating a fall. likely a steep one. RSI / Stochastic also agree.

One can only wonder why the Fed would be hawkish and wanting to raise rates in the midst of China playing hardball with Treasuries and devaluations, and everyone else racing to the bottom with negative rates even...

US housing market is tightening up as well, due to China Increasing their controls to prevent more capital flight to the states...


With the 'curious' jobs data, and other official reports, all claiming the dollar to be King... I would wary of going further long on the Greenback.

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out