Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$DXY, Dollar, strength has been weakening for some time now,
U.S. Dollar Index
$DXY, Dollar, strength has been weakening for some time now,
By ROYAL_OAK_INC
Follow
Follow
Jun 13, 2023
1
Jun 13, 2023
DXY
has been weaker since our last call, cratering even
Lower highs since peak of Sept last year
Lower highs in recent trend since Nov 2023
Relative Strength breaking lower
UUP
also shows this as well
(The following is not seen here, sorry, pls check profile for more info)
Weekly
DXY
shows the weakness clearer
RSI hasn't been able to break past 50 (middle area)
This is the LONGEST US #Dollar has taken to break under the breakout area (blue arrows)
Historically, RSI @ these levels has stopped rallies
At the very least temporarily
BTC
Chart Patterns
dollar
DXY
Gold
Technical Indicators
Silver
Trend Analysis
UUP
ROYAL_OAK_INC
Follow
Also on:
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
.