PresentTrading

BTC / DXY, BTC / US10Y




The combination of the DXY and US02Y can be used to gauge market sentiment and assess the state of the global economy.

When the DXY is rising, it indicates that the U.S. dollar is strengthening relative to other currencies, which can lead to increased risk aversion among investors as the U.S. dollar is often seen as a safe-haven currency.

When the US02Y is rising, it suggests that market expectations for future inflation and interest rate increases are increasing, which can lead to a decrease in the value of riskier assets such as stocks.

In general, the combination of the DXY and US02Y can provide important information on the direction of global market trends and the state of the economy, and as such, they are important indicators to consider when making investment decisions.


Watch patiently/ then trade
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?