UnknownUnicorn5026590

My view on DXY over the next month.

Long
TVC:DXY   Indice devise Dollar U.S.
As we have seen tremendous efforts from the likes of the EU and America , it begs to wonder if the stimulus will be enough to sustain a longer term correction to the upside of stocks that we have seen as of late. I believe there will be a retreat from the highs that we are seeing currently so I'am bracing my Portfolio and changing my outlooks vigorously in order to move away from a possible connotation that the stock market is making me have of a "dreamland".

Everything is cyclical in life , like the seasons. And with that in mind the economy is cyclical.

I have a bias that we will see economical indicators showing a stalling rebound in Economies worldwide , this propped up by Political tensions from the LIkes of US-China. With this and the view that USD is a safe harbour will make the Greenback go back up , just like GOLD and SILVER have as of late.


Thanks for viewing and reading!

This is not financial advice , Please always consider your own DD and RM.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.