Captain_Walker

Dollar power - will it last?

TVC:DXY   U.S. Dollar Index
The Dollar has surprised loads of people, as well as it hasn't other people. 😊
The trend is still for the north. Why?

We don’t need to know why.

On the chart there is trend strength - the RSI is well over 50, ATR is for the north, and squeeze momentum is north.

The consolidation pattern on the Aroon is still bullish.

Nobody knows what will happen next. At each consolidation some thought it meant that a crash was coming.

Do I predict anything? I do not. The red dashed line is critical.

What's your bet?

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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