#DXY Is dollar going to surge higher again in 2020? - Analysis

Traders,

Although the dollar has been very weak lately especially in Jul 2020. If we read and trust media reports, they are painting a catastrophic picture of dollar. But we go to the higher timeframe and start to put things in perspective, it starts to form a contrarian picture of dollar. In this analysis, I take top down approach in the analysis from Monthly timeframe to all the way 4H time frame to see what actually has been happening. Although, this is a technical analysis point of view and ignores fundamentals completely, I am sure that it is interesting to see what market is telling us from the charts.


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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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