this is a Price forecast only, NOT a Timing forecast.
long term dollar should make it all the way up to the channel line, and maybe slightly exceed it around 110. this May coincide with a significant deflationary event (similar to the year 2000 stock market correction and subsequent slide).
while dollar goes down you should be able to go long on Commodities like Gold or Oil.
long term dollar should make it all the way up to the channel line, and maybe slightly exceed it around 110. this May coincide with a significant deflationary event (similar to the year 2000 stock market correction and subsequent slide).
while dollar goes down you should be able to go long on Commodities like Gold or Oil.
Note
short term view (days or maybe a few weeks) is dollar may drop to about 100 and should subsequently go up to about 105-106.after that it should begin its descent to about 90-93 over the course of many Months.
here is short term view:
Note
Note
the drop from 106 to lower 90's wont be a straight drop. it never is. it should be a choppy decline and we will see up down movement on the way down something like:Note
larger pattern can be viewed on an even longer timeline dating back to 1960's
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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.