DXY General Analisys
the markets are still all inversely related to DXY, so it's useful to see how it performs, whether or not it holds 110
on September 28, October 13 and October 21 there were huge dollar sales, higher at the time of the covid
highlighting positivity on speculative markets, which could continue if the DXY does not hold 110
although in my opinion, we are still in an uptrend dollar, a correction up to 105 and 100 is not impossible, we are still against the trend and we must be careful to buy speculative markets, the major trend remains bearish on nasdaq, s&p, DJ and crypto
and therefore bullish on the dollar
but for a few weeks / months it could be profitable to go against the dollar
on September 28, October 13 and October 21 there were huge dollar sales, higher at the time of the covid
highlighting positivity on speculative markets, which could continue if the DXY does not hold 110
although in my opinion, we are still in an uptrend dollar, a correction up to 105 and 100 is not impossible, we are still against the trend and we must be careful to buy speculative markets, the major trend remains bearish on nasdaq, s&p, DJ and crypto
and therefore bullish on the dollar
but for a few weeks / months it could be profitable to go against the dollar
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