Big picture DXY
Most are waiting for 
DXY to stop and turn downward for the sake of commodities and EMs. Many times it looked like dollar index has turned down for good but now looking at the weekly chart, it looks like we might see a climb to 102.3 levels before it starts reversing. And if that happens than we'll see sub-90 levels though this whole thing can take a year or more to unfold. Keep an eye!
DXY to stop and turn downward for the sake of commodities and EMs. Many times it looked like dollar index has turned down for good but now looking at the weekly chart, it looks like we might see a climb to 102.3 levels before it starts reversing. And if that happens than we'll see sub-90 levels though this whole thing can take a year or more to unfold. Keep an eye!
Be a Better Trader!
Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.