Dollar index began to recover. Long

U.S. Dollar Currency IndexTVC

Description

⋅ Jan 11, 2021 5:51 AM

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

Push like if you think this is a useful idea!
Thanks for your support!

Trade active

⋅ Jan 20, 2021 11:03 AM

Trade active

⋅ Feb 1, 2021 11:55 AM

update

Comments

sami1324

⋅ Jan 11, 2021 6:03 AM

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

UnknownUnicorn8110920

⋅ Jan 11, 2021 7:06 AM

@sami1324, yes

Yuriy_Bishko

⋅ Jan 11, 2021 12:03 PM

@sami1324, Of course. the correlation is very direct

lmulhare

⋅ Jan 11, 2021 11:46 AM

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. :)

Yuriy_Bishko

⋅ Jan 11, 2021 12:04 PM

@lmulhare, Of course. you right

abel11

⋅ Jan 11, 2021 10:22 AM

Thanks for this idea.

Yuriy_Bishko

⋅ Jan 11, 2021 12:04 PM

@abel11, welcome

farid_alexander

⋅ Jan 11, 2021 9:49 AM

Does it mean that EURUSD will not reach Feb 2018 (around 1.2500)?

Yuriy_Bishko

⋅ Jan 11, 2021 12:05 PM

@farid_alexander, will only reach it later.

Tomasgei

⋅ Jan 11, 2021 7:40 AM

there was major events last week i wrote about it in my idea for this week: