Big picture DXY
Most are waiting for 
DXY to stop and turn downward for the sake of commodities and EMs. Many times it looked like dollar index has turned down for good but now looking at the weekly chart, it looks like we might see a climb to 102.3 levels before it starts reversing. And if that happens than we'll see sub-90 levels though this whole thing can take a year or more to unfold. Keep an eye!
DXY to stop and turn downward for the sake of commodities and EMs. Many times it looked like dollar index has turned down for good but now looking at the weekly chart, it looks like we might see a climb to 102.3 levels before it starts reversing. And if that happens than we'll see sub-90 levels though this whole thing can take a year or more to unfold. Keep an eye!
Be a Better Trader!
Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.