Thought's on the #DXY
AR. Automatic rally seems complete!!
looking for a correction wave 1,2,3,4,5. back down to create the spring phase...
#XRP #BTC #ETH #GOLD #silversqueeze
In this chart, the Dollar Strength Index is adjusted for:
Yield Curve
Money Supply
Gold
Helpful for maximising technical accuracy for evaluating long-term movements for all financial markets.
Bearish wedge for the Dollar strength index.
ABCDE Pattern forming - we should get the E as this bearish move plays out.
still could see another short term rally heading into the FOMC meeting July 26TH.
*another pause from the fed would cause more weakness in the DXY
*Fednow rumoured to go live July 20th - although still a rumour.
*Extra liquidity will be...
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We'll see how this plays out. I think we will see DXY at historic lows within the next few years. I believe this because the USD is on track to lose world reserve currency status and US government doesn't seem to be taking it as serious as they should.. If this was to happen, the USD would hyperinflate and interest rates would be forced to...
Bitcoin Price (BTCUSD Chart) nearly reach it's reversal point at 0.382 Fibonacci level. Bitcoin soon will be back in it's bullish trend in order to enliven the next halving in 2024 and the new world order that probably happen after de-dollarization.
BTC can go lower to the next Fibonacci level below 0.382 but will reach 1.618 in the future
One thing about tables, they turn. This time last year, the dollar was unrivalled. Now, it is being challenged amid a banking crisis, recessionary fears, and a debt ceiling drama.
Having stepped up on the rates faster than the rest, the US Fed’s combat against inflation fuelled a dollar rally . It now finds itself between a hard place and a rock. Many expect the...
The US dollar has maintained its status as the world's dominant reserve currency for decades, thanks to its perceived security, resilience, and the depth and liquidity of US markets. Despite concerns surrounding the dollar's hegemony, it remains a crucial player in global transactions. Meanwhile, China's economy faces challenges, such as growing provincial...
De-dollarisation drive could push the gold upwards as the world will look for alternatives.
Above 2072 resistance level, there is a clear bullish view for gold.
THE MARKET STRUGGLE IS REAL. ACCOUNTS DON'T KNOW WHAT'S REALLY GOING ON. WHEN I POST THE "W" OF THE TVC:DXY YOU WILL SEE AN ASTONING "W AS WELL... BUT ON A LARGER TIMEFRAME. THIS IS ALL JUST A WAITING PERIOD FOR ALL MARKETS TO FINALLY ALIGN AND ATTUNE THEMSELVES FOR THE NEXT PHASE... AND IF TVC:DXY FLOATS AND STAYS ABOVE HKEX:104 THEN ACCOUNTS ARE IN FOR A...
Hey guys,
Been a long time isn't it?
I'm back for new analysis.
Don't worry, the bull rally isn't over, we are just shorting hard in order to have a 50% of bullish variation just after.
I will upload my Elliott Wave long term vision for the different chart that I analyse: SP:SPX ; NYMEX:CL1! ; COINBASE:BTCUSD ; COINBASE:ETHUSD ; FOREXCOM:XAUUSD ...
The US dollar's position as the primary global reserve currency is being challenged as countries become eager to insulate themselves from Washington’s influence.
For decades, the dollar has dominated the global monetary system. Currently, about 60 percent of foreign exchange reserves held by central banks are in US dollars, and nearly 90 percent of all currency...
All the empires and dynasties I studied rose and declined in a classic Big Cycle that has clear markers that allow us to see where we are in it.
This Big Cycle produces swings between
1) peaceful and prosperous periods of great creativity and productivity that raise living standards a lot and
2) depression, revolution, and war periods when there is a lot of...
