Here's a look at DXY US DOLLAR INDEX on a 12 month chart. This year, it's the second time it signalled a big shift on the upper histogram, last time it did was 2021. Is this the start of the big fall for the USD.
This may last for a few years -- worse a decade.
Again it may or it may not happen, but the 12-month chart doesn't change mind often. I guess we'll see..
This may last for a few years -- worse a decade.
Again it may or it may not happen, but the 12-month chart doesn't change mind often. I guess we'll see..
Trade active:
Weekly data for DXY.
USDOLLAR will be fighting a hard battle from here on.
Long term downtrend has commenced.
Spotted at 106.0
TAYOR.+
USDOLLAR will be fighting a hard battle from here on.
Long term downtrend has commenced.
Spotted at 106.0
TAYOR.+
Trade active:
brokedown as planned.
Congrats shorters, that's a weighty drop. Selling pressure persists.
Congrats shorters, that's a weighty drop. Selling pressure persists.