DXY sits on a major support zone. Price often delivers a reflex bounce at strong levels before continuing the prevailing trend, so a quick pop isn’t proof of a new bull run. DXY is closely linked to US real yields (10y TIPS): if real yields roll over as the Fed eases, USD strength likely fades; if real yields stay firm, a durable reversal is more plausible.
This post is for informational/educational purposes only and is not investment advice or a solicitation to buy/sell any security. Past performance is not indicative of future results. I may hold positions related to the instruments mentioned.
This post is for informational/educational purposes only and is not investment advice or a solicitation to buy/sell any security. Past performance is not indicative of future results. I may hold positions related to the instruments mentioned.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.