seine
Long

$DXY - US Dollar's move is just the beginning

INDEX:DXY   U.S. Dollar Index
121 5 5
The rise in dollar seems to be deliberate. Rising dollars means more money flowing into the US and hence, an opportunity for FED to sell the bonds they have accumulated during the QEs. Rise in USD also harms Crude oil             , and therefore, a threat to Russia. Makes big sense!
*THE MOVE HAS JUST BEGUN
nice chart
+1 Reply
seine webmiztriz
2 years ago
THANKS :)
Reply
Olu
2 years ago
I like this idea. I have been bleating about this for a while that price could go to 100 long term. Here comes deflation...
+1 Reply
seine Olu
2 years ago
Given that the move so far is just the breakout, i think it can reach 100.
Reply
Olu seine
2 years ago
We need to keep out eyes on the ball here. Within each monthly candle on the chart you put up there will be a lot of innuendos where price will try to trick us to think otherwise. The net movement after all is said and done will be more upside for the $
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