מדד מטבע דולר אמריקאימעודכן DXY US Dollar: Fractal Update
Today I am charting the The US Dollar Index (DXY) on a monthly chart over a multi-year period.
I am showing a comparison of the DXY price from 1995-2002 with the Price and RSI resembling the current price and current RSI. I circled and highlighted the areas of comparisons. Furthermore, I overlaid the historical price over the current price to see where the top may be before a reversal. Shockingly that price range is very close to my DXY price on the February and January 2022 Idea in the related ideas below.
Currently, the DXY price may head back down to the Fibonacci Retracement level of 0.50 as shown in the chart. This is also near the 200 SMA. The price drop may give the crypto and equity markets a chance to move higher.
When zooming out, the US Dollar price looks very bullish in the long-term. This is a monthly chart so please be patient with price action.
What are your opinions on this? I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
I am showing a comparison of the DXY price from 1995-2002 with the Price and RSI resembling the current price and current RSI. I circled and highlighted the areas of comparisons. Furthermore, I overlaid the historical price over the current price to see where the top may be before a reversal. Shockingly that price range is very close to my DXY price on the February and January 2022 Idea in the related ideas below.
Currently, the DXY price may head back down to the Fibonacci Retracement level of 0.50 as shown in the chart. This is also near the 200 SMA. The price drop may give the crypto and equity markets a chance to move higher.
When zooming out, the US Dollar price looks very bullish in the long-term. This is a monthly chart so please be patient with price action.
What are your opinions on this? I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
הערה
shockingly this fractal DXY pattern is still in motion! Get ready for a potential crypto and stock market rally possibly.
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.