DXY - Long Term Trend Change
DXY - Price within rising wedge (bearish flag) is approaching larger channel resistance.
Price has been leaning on wedge support for quite a while....
EURUSD and GBPUSD have touched major support levels (1.10 & 1.20)
Fed expected to continue interest rate cuts and initiate new rounds of QE. Central Banks dumping US Treasuries and buying gold. USD is facing a serious threat to losing reserve currency status.....
Price has been leaning on wedge support for quite a while....
EURUSD and GBPUSD have touched major support levels (1.10 & 1.20)
Fed expected to continue interest rate cuts and initiate new rounds of QE. Central Banks dumping US Treasuries and buying gold. USD is facing a serious threat to losing reserve currency status.....
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.