BACK the $$DOLLAR hedge against the BRICSWith Croatia becoming the latest addition to the BRICS
as of yesterday , 2023 isn't looking like much of a thing to celebrate for the Dollar.
it reminds me of my ex-girlfriend after i finally was done with all her prison like rules over the years.
did i enjoy part of our relationship, yeah maybe? ,but was it fair to me? absolutely f*n not. so here we are!
disgruntled, angry , and of-course we decided we needed something new.
Russia being the biggest instigator ,in collusion with China just like my 2 best friends , Roman and Charles their zeal to get me out of
my previous hell was met with charming delight. brazil ,india the supportive friends adding up my gang of 5 with south africa being the guy who
always comes late but makes us order a beer for them each time.
Creation of new BRICS recognizable currency will indeed cripple the dollar dominance its had over the global sphere the last 20-30 years.
power dynamics at play here ,these nations want some power back to themselves just like i did when my ex-D had me by the ropes ,especially with Taiwan-China relations and as well as Russia-Ukraine war during the course of last year , the need for control has escalated and these super powers feel the need to exercise their influence to gain more strategic overhead .
What these super powers don't know is that the US who in this case would be my ex-D , has so many options and you could argue that i have them too but her options weigh far much better than mine, i mean she's a damsel ,who would resist her in her favorite green dress. her control has spread to all parts of my brain , she fed me , protected me ,gave me all i wanted only problem is ,she took more than she gave and that right there is where we might find the problem , i trust her with my life ,heck everybody i know does too .
with inflation at peak , CPI will be most certainly be cut , she's so attractive she will have to be supported during this tough break up we in , ''recession'' it's called .
stimulation will be at a max and she will raise from the asses that am sure of, strong and independent she is.
buy D ,bye D shit i might have drunk alot
Dollarlong
Dollar Index Chart Analysis....
In this situation DXY chart Breakout symetric triangle pattern.So, market need
seems buy correction @ 107:830 and 110:150 resistance level. Then sell to 103.730 support
zone. If breakout 113.500 resistance level, then market Buy UP to 115.250 resistance level.
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Dollar Gonna Create Double Top!Fundamentally & Technically Dollar still on bullish room, I anticipate DXY will taste 109.6 point than create a double top, After dollar will continue bearish trend. One think, all anticipation will work on dollar future data.
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Mahfuz Azim
Interest rate ( DOLLAR )How high will the Federal Reserve ( FED ) raise interest rates? Here you can see how far. As you can see we still have a long way to go. We are on the verge of breaking a congestion of more than 40 years.
The minimum rate hike will be up to 5 points. And that is at least, because we could revisit levels not seen since the 80s. We are in serious trouble, the economy of all citizens will suffer a lot. It is time to be cautious in the markets and not to make hasty decisions, as we may still have a long way to go before we see the end.
Why this time is not different regarding inflationThe US bond market got it right in 1936, in 1947, 2008, 2011, and it still has it right today. The people doing the real dollar printing are the same people that run the biggest repo and bond trading desks - they know what's up (and it's not inflation).
DXY Double BottomMost traders and investors discussed and likes Double price check on bottom and top side, one advantage it reduce the risk while margin traders use SL. I also experienced and convinced double edge rewards better or we can react better instead to predict the price. We can see RSi divergence too or another confirmation in long run. Nothing can stay same and after pandemic we saw a lot changes but now we heading to per-pandemic situation.
The Dollar Is King A video analysis looking at the fundamentals of the dollar and where we expect it to move to next.
The inflation narrative in financial markets are very strong right now and its quite possible the market gets caught out...
I discuss the prospects for the dollar in the second half of 2021 and early 2022.
Let me know in the comments your own thoughts.






















