Dollar index began to recover. for TVC:DXY by Yuriy_Bishko

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supportandresistance supplyanddemand mtfa dxy dxylong dxyindex dxyanalysis dxyshort dxyforecast dxyviews dxytradingsetup dxysell

the index began to recover.
The markets went down.
a strong indicator.
What do you think?

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Comments

if dollar index become increasingly ,BTC gonna to decrease more?

sami1324

@sami1324, yes

sami1324

@sami1324, Of course. the correlation is very direct

DXY is up because of increased US treasury bond yields & profit-taking on EURUSD, which is correlated with risk and stocks. Gold dropped because it is priced in USD. :)