2025/02/15 - 7th Calendar Week 2025 Another 48h - Trend Reversal In DXY Last Week “3 bullish uptrends broken - classic bearish trend break! how deep can it go? which price action is important? why?”
“Scientific method seeks to understand things as they are, while alchemy seeks to bring about a desired state of affairs. To put it another way, the primary objective of science is truth, - that of alchemy, operational success.” George Soros
110.176 : 2025/01/13 - Annual High 2025 108.583 : 2024/12/31 - Annual High 2024 108.096 : 2025/02/07 - last price action 107.348 : 2023/10/03 - Annual High 2023 105.192 : 2024/11/06 - Trump Election Night If I'm not mistaken, traders and/or investors seem to be negotiating a trend reversal in the $TVC:DXY. Because both the terrain above the 2024 annual high of 108.583 points from 31st December 2024 and/or above the 2023 annual high was taken over by the bears, after an even higher 2025 annual high of 110,176 points was reached on January 13, 2025. Last week the thought came to my mind for the first time: "buy on rumors & sell on facts" - which could be true in the case of the DXY and/or Trump's US tariffs. Because both on the day Trump took office, on Monday two weeks ago, and/or last Monday also, when Trump announced US tariffs in public for the first time, the price action of the DXY fell during both days - including volatile intraday highs. So it wouldn't surprise me if we even fell back to 105,441 points in the upcoming calendar week - the intraday high of November 6th, 2024. The day Trump won the US elections for the second time. Precisely because of the “buy on rumor & sell on facts” hypothesis! Or not?
With best wishes and good intentions: Aaron
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