Is the DXY in trouble!??
Before we start all views are my own and are based from my overall personal research.
As we have covered in previous markups and breakdowns we are taking our major lows on the larger timeframes on the DXY.
Here we have a pretty simply markup here for DXY iam only looking at this for a short term idea overall i strongly believe we are set for some serious downside on the USD and with this iam waiting for a true shift to show itself...
As many countries begin to decouple from the USD and the fed continues pushing the price to unsustainable levels with consistent printing of new currency we are watching history unfold in front of our eyes...
Taking a deeper look into the history & future of the USD.
The control and power that the US has had in the past is drastically dwindling... if you follow the power trial to its source it will and always has lead us back to the federal reserve.
Now the above is an issue for many different reasons... the main reason being no country or persons should be governed or controlled by a bank or reserve, which for a long time has been the case... this leading to countries having economic collapses along with huge depts placed on them in times of crisis, when this happens to a country it 90% of the time means one side is gaining while the other is losing. due to this we are and will continue to see more countries disconnect and distance themselves from the USD.
Once we get to our tipping point where the USD has truly lost its grip on the global economy it will be to late to revert from its course, which i believe will take us to lows we've not seen in decades, ultimately leading to the collapse of the USD...
Now iam no economist nor a financial expert, but I urge everyone that reads this to do your own research to the state of the USD and how the fed is "dealing" with the matter.
To sum up, iam looking for prices to drop below 100 on the DXY in the coming months and possibly even weeks...
Whatever the outcome trader stay safe and stick to your plan!
As we have covered in previous markups and breakdowns we are taking our major lows on the larger timeframes on the DXY.
Here we have a pretty simply markup here for DXY iam only looking at this for a short term idea overall i strongly believe we are set for some serious downside on the USD and with this iam waiting for a true shift to show itself...
As many countries begin to decouple from the USD and the fed continues pushing the price to unsustainable levels with consistent printing of new currency we are watching history unfold in front of our eyes...
Taking a deeper look into the history & future of the USD.
The control and power that the US has had in the past is drastically dwindling... if you follow the power trial to its source it will and always has lead us back to the federal reserve.
Now the above is an issue for many different reasons... the main reason being no country or persons should be governed or controlled by a bank or reserve, which for a long time has been the case... this leading to countries having economic collapses along with huge depts placed on them in times of crisis, when this happens to a country it 90% of the time means one side is gaining while the other is losing. due to this we are and will continue to see more countries disconnect and distance themselves from the USD.
Once we get to our tipping point where the USD has truly lost its grip on the global economy it will be to late to revert from its course, which i believe will take us to lows we've not seen in decades, ultimately leading to the collapse of the USD...
Now iam no economist nor a financial expert, but I urge everyone that reads this to do your own research to the state of the USD and how the fed is "dealing" with the matter.
To sum up, iam looking for prices to drop below 100 on the DXY in the coming months and possibly even weeks...
Whatever the outcome trader stay safe and stick to your plan!
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