jonasopdahl

3.5 Years Left of the Dollar Bull?

INDEX:DXY   US DOLLAR CURRENCY INDEX
There's definitely some interesting similarities between the years leading up to the last BIG dollar bull run and what we're currently seeing in the Dollar. Even the dynamics and percentage in the initial run from the low in 1978 to the low we saw in 2008 are quite similar.

17 years went by from the top in 1985 to the top in 2002.

If the same thing were to happen, the USD bull run would hit a major top in 2019 (although the analog suggest a 10% correction from current levels - August 1981 - August 2015- there's really no way of knowing the outcome)

If USD were to correct 10% lower in the next two months, the commodity currencies would be favorable to buy against the USD. My pick would be AUDUSD and USDCAD + USDJPY
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.