DXY US Dollar Dominance Long-term forecast
Updated
Current consolidation is coming to its end in the end of July 2024.
US Dollar buying (= opening short positions) opportunity is open now.
August 2024 will mark a major breakout and fast ascend of DXY topping at no higher than 112.
Retest will follow bottoming at 105 (possible plunge down to 104) in January 2025.
Next move up will happen in the first half of 2025 making Lower high compared to previous high of 112.
Super-important month for all markets will not happen before August 2025. This time the world will decide wether it will go into the dark times of Greatest Financial Depression or it will abandon USD.
If my forecast of August 2025 - March 2026 takes place, then USD will first nuke the world in 2026-2027 and then in 2027 USD will cease to exist.
US Dollar buying (= opening short positions) opportunity is open now.
August 2024 will mark a major breakout and fast ascend of DXY topping at no higher than 112.
Retest will follow bottoming at 105 (possible plunge down to 104) in January 2025.
Next move up will happen in the first half of 2025 making Lower high compared to previous high of 112.
Super-important month for all markets will not happen before August 2025. This time the world will decide wether it will go into the dark times of Greatest Financial Depression or it will abandon USD.
If my forecast of August 2025 - March 2026 takes place, then USD will first nuke the world in 2026-2027 and then in 2027 USD will cease to exist.
Note
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