Inverse DXY: Neutral, sideways chop for 3 years...

The dollar sank to support, a very long term support level as revealed by 6 month timeframe bars, and it won't break below it for another 34-35 months. So we are likely to see short term trends that last a couple months, and go back and forth in a sideways range. The bias longer term is bearish for the dollar, so I'll be specially interested in buying oversold dips in the Euro , but won't commit to long term trending positions.
Position trading is not likely to produce good results, but swing trading might.
My reccomendation: if you're a trend trader, avoid FX markets like the plague. If you have strategies to trade intermediate term to short term swings, then the volatility might suit you. Else, stay away.

Best of luck,

Ivan Labrie.
交易开始: The bounce in $DXY started, we might go higher for a while. I'm long after covering my $USDCAD short for a nice gain.

评论: How far down does this go? So far, there's no stopping the dollar rally. Worrying for emerging markets.
评论: #DXY: The dollar index might be about to trend up from here, this would align with the forecasts in $USDJPY and the stock market
Nice chart Ivan thanks for sharing ;)
Long-term investing in the currency market is like buying and holding a cold steak and waiting for the fire god to rain down smoke on it.
+1 回复
IvanLabrie Rocketman
@Rocketman, there are some huge economic trends at times...but not often.
Rocketman IvanLabrie
@IvanLabrie, Yeah.
thank you, Ivan.
+1 回复
@nakov, welcome, best of luck.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出