Dollar (Monthly Chart)

TVC:DXY   U.S. Dollar Currency Index
This chart update comes after a conversation with @Kate25 .. here we are marking the end of the flows in the 2nd wave of a large 5 wave sequence to the downside for Dollar.

To put simply, those betting on the highs in USD are outguessing the beginning of a 3rd impulsive wave to the downside as demand dampens. We have discussed many times in other ideas (see the archive) for the macro side in USD so we will not cover that here today.

Best of luck all those positioning for dollar end of cycle flows.


This what I see. Rates will be between 1.25-2.5 in the next 5 years. and DXY 0.88-0.94
+1 Reply
jessi061 FxMarketStrategy
@FxMarketStrategy, Oct 30 FOMC meeting is already indicating an above 85%+ 125-175 bps after that last week poor inflation reports fed guys are facing more pressure.
This devaluation idea for dxy of long term looks great mate lets see cheers!
Include FEDFUNDRATE also into this, It will give a better view of Cash rate and USD Index. For Dxy to go below 72 ( All time low) since generated, FEDS have to run negative rates, there must be a catastrophic recession to make them run Aggressive Negative rates and Massive Monetary easing. Some analyst Think we are going to big recession. COULD BE.

I believe USD index will only range between 0.88 Bottom and 0.94 in the next 5 year. Lets see what happens. BEST LUCK, Mention me every 6 month so we discuss what happened till 2024 ok, BUD?
Wow this one is exactly the same view of mine!
@darian_fx, ur idea also lolol hahaha
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