DXY daily guidance is cautiously bullish. Recommended ratio: 90% DXY, 10% Cash. *Equity Futures, Agriculture, Metals and EURUSD are down to start the week while DXY, US Treasuries, Energy and Crypto are up. As long as the Federal Reserve's federal funds rate keeps going up and Russia keeps escalating the war in Ukraine, DXY will likely keep going up. Key...
This is another target we are looking at for DXY USD INDEX. It is slowly-slowly and slowly growing with all the regulations changes and adding in slice by slice on all countries to abide.
Short term Bear, Medium Term Bull, Macro Big Time Bear.
DXY Daily bearish. Recommended ratio: 5% DXY, 95% Cash . *Treasuries (excluding the 30 yr Bond) and the Dollar are correcting after a bullish summer fueled by supply chain woes and recession fears. Supply chain woes have not been remediated but there is an element of the Bullwhip Effect that should be considered and that is the excess supply that can come...
DXY Daily cautiously bearish. Recommended ratio: 25% DXY, 75% Cash. * US Treasury Secretary Janet Yellen was interviewed by NBC and explained that due to strong consumer demand, credit quality and employment, the widely anticipated two consecutive quarters of negative GDP would not constitute a recession. She is essentially the White House mouthpiece for the...
With Burry saying we still have 50% more downfall to go - that leads me to think the DXY has quite a bit more room to run (along with plenty of other macroeconomic contributing factors of course) I just decided to single out Burry lol. I can easily see a ~120 DXY which would be carnage for stocks and crypto - earlier today I saw that the the euro/dollar had...
Thought id jump in on the bearish DXY bandwagon. The bearish divergence being touched for the 3rd time here. If a bullish divergence was being touched for the third time on a high time frame, would you be long...i would be.
I am almost certain that the price of DXYUSD may very much follow the sideways channel (Blue dotted lines) that I have laid out, before finally bouncing on support (Green dotted lines) which would then give a significant amount of buying power given the fact that 94.651 Is a major area of bullish divergence. However, price needs to close above the weekly MA before...
Dear DXY, you will need to break through the golden retracement level before I believe in your strength. Talk to make when you above that golden box or even above 200ma on a weekly. Daily fluctuations wont impress me either. Talk to you soon
Double tap on resistance suggest another leg down - supporting equity and crypto upside Best, Hard Forky
King dollar is about to pee his pants. Impulsive move counted on the downside basically right after it was announced that congress printed 1.1 trillion for the infrastructure. Currently it costs $1.20 to pay for $1 of goods and services. This means that whatever money printing we do now is actually a negative. We just finished a little correction up...
DXY FREE UPDATE - Yello! Let's make everything crystal clear and understand a bit better what is going on in the market right now. Let's talk about the Dollar Index, ladies and gentlemen This index (DXY) basically measures the dollar's strength against all other currencies (FIAT). And to understand the context, please refresh your mind and read our update...
DXY Looks like it's in a bearish wedge formation that formed on June 18th and this is inside of another larger bearish wedge structure with a base around 89 which is where I think the ultimate target is before the next move up or down in DXY can be determined. This is a medium-long range HTF forecast - not to be used for shorter term trades. In the shorter term...
Update, this is why the dollar index is selling off a bit which is giving oil and stocks a nice little push here. Which also coincides with SP500 bouncing off 2800 area. But I think this will be short lived and once the DXY breaks out of the smaller H4 triangle the markets will probably sell off.
DXY looking good here A continuation up is likely to happen