US Dollar: The most crowded trade is about to unwind Long

U.S. Dollar Currency IndexTVC

Description

⋅ Nov 26, 2020 8:13 PM

A lot of bears have been piling into short USD positions. I think the time is ripe for DXY to prove itself and break out in a strong way. USD bears will be punished as bulls prevail and the dollar rockets higher.

Comments

DeltaVega

⋅ Nov 29, 2020 5:19 PM

what you looking too short Mr.? I know you a beast tr8r from Steam room.. Respect

UnknownUnicorn7215225

⋅ Nov 27, 2020 10:15 PM

That would signal stocks are going to fall, but that doesn't seem to be playing out, especially that Trump is likely going to be re-elected.

ysl2019

⋅ Nov 27, 2020 4:13 AM

I have heard of USD bottoming since September. But all it does it creating newer lows.