Hey traders, in this week we are monitoring DXY for a selling opportunity around 104 zone, once we will receive any bearish confirmation the trade will be executed.u we highly recommend to take a look at DXY at the beginning of every trading week if not everyday, that will help you to trade USD pairs more professionally and spot their direction! Trade safe, Joe.
Can anyone explain how: for all of the currencies involved in the DXY calculation, all of them are 5-20% stronger against USD over last 2 years, but DXY is still stronger 15% over that time? Makes no sense to me.