The chart should speak for itself.
DXY long term view (tri-monthly data) is conveying shifting trend on the dollar index -- to the downside.
Expect more long term correction, as this time frame don't change mind too often.
Spotted at 102.25
TAYOR.
safeguard capital always.
DXY long term view (tri-monthly data) is conveying shifting trend on the dollar index -- to the downside.
Expect more long term correction, as this time frame don't change mind too often.
Spotted at 102.25
TAYOR.
safeguard capital always.
Trade active
Long term data metrics update:USD is bound for MASSIVE BREAKDOWN based on long term shift to the downside.
The downtrend will last for quite a bit.
Trade active
Expect some good trim downs within this week. Gravity getting heavier for the green buck -- technically and fundamentally speaking with recent development that affects it.Trade active
Big breakdown has started. Brace for more.Trade active
Our spot from our June assessment has aged well with DXY losing 3.5% of its price.More weighty correction ahead -- and it will not be a conservative one based on recent metrics.
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DXY exited it's stability curve up channel after more than 20 years... THIS IS MASSIVE. Gravity pressure would be too weighty for USD in the long term.
I expect a 2-digit pricing for USD.
Trade active
exhaustion.Note
Net shorts are currently inflating at this para zone. Gravity curve is at play now.
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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.