$DXY 10 YEAR PROJECTION
Added 2023-12-27 18:37:26 +0000 UTCThis is as close to clockwork as you can get.
200 Day MA on the weekly chart is at $98, so I suspect some form of support here but the general trend for the next 10 years is to the downside.
This channel has been in existence since 1980....so I do not expect it to change anytime soon.
Comments
I get paid in CHF and I buy USD stocks. Loving this !!!!
makis
2023-12-27 21:39:25 +0000 UTCWhat's interesting is like half of it is v the Euro right?? .. how is that basket case going to outperform.. crazy to think of .. not doubting chart though it looks good
TommyJR
2023-12-27 21:31:40 +0000 UTCYip it tracks the strength of the $ against other major currencies I.e. euro, pound, Canadian dollar, yen, Swedish krone, Swiss franc.
Dipen Patel
2023-12-27 20:48:12 +0000 UTCAt the risk of being a little selfish, anybody who is not earning in a strong developed currency will benefit from this as it becomes easier to accumulate dollars. Relatively anyway or as easy as easy can be when dealing with an e en weaker currency like ZAR
Dipen Patel
2023-12-27 20:44:34 +0000 UTCWhat does it mean in simple terms. That the dollar as a currency loses power ? And will it lose value against other currencies such as euro or Swiss franc ?
Pierre penasa
2023-12-27 20:04:13 +0000 UTC
