Dollar Index Chart Analysis....
In this situation DXY chart Breakout symetric triangle pattern.So, market need
seems buy correction @ 107:830 and 110:150 resistance level. Then sell to 103.730 support
zone. If breakout 113.500 resistance level, then market Buy UP to 115.250 resistance level.
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Dollarlong
Dollar Gonna Create Double Top!Fundamentally & Technically Dollar still on bullish room, I anticipate DXY will taste 109.6 point than create a double top, After dollar will continue bearish trend. One think, all anticipation will work on dollar future data.
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Mahfuz Azim
Interest rate ( DOLLAR )How high will the Federal Reserve ( FED ) raise interest rates? Here you can see how far. As you can see we still have a long way to go. We are on the verge of breaking a congestion of more than 40 years.
The minimum rate hike will be up to 5 points. And that is at least, because we could revisit levels not seen since the 80s. We are in serious trouble, the economy of all citizens will suffer a lot. It is time to be cautious in the markets and not to make hasty decisions, as we may still have a long way to go before we see the end.
Why this time is not different regarding inflationThe US bond market got it right in 1936, in 1947, 2008, 2011, and it still has it right today. The people doing the real dollar printing are the same people that run the biggest repo and bond trading desks - they know what's up (and it's not inflation).
DXY Double BottomMost traders and investors discussed and likes Double price check on bottom and top side, one advantage it reduce the risk while margin traders use SL. I also experienced and convinced double edge rewards better or we can react better instead to predict the price. We can see RSi divergence too or another confirmation in long run. Nothing can stay same and after pandemic we saw a lot changes but now we heading to per-pandemic situation.
The Dollar Is King A video analysis looking at the fundamentals of the dollar and where we expect it to move to next.
The inflation narrative in financial markets are very strong right now and its quite possible the market gets caught out...
I discuss the prospects for the dollar in the second half of 2021 and early 2022.
Let me know in the comments your own thoughts.