Jump to content


Dollar In Serious Trouble vs Asia

  • Please log in to reply
1 reply to this topic

#1 linrom1



  • Traders-Talk User
  • 3,271 posts

Posted 13 January 2023 - 10:28 AM

DXY is being taken to the cleaners.  China is making a move on DOLLAR.

#2 EntropyModel



  • TT Member*
  • 2,412 posts

Posted 15 January 2023 - 07:13 PM

Yes it definitely getting close to limit of targets i have for dollar drop  and needs paying close attention - I still see on my model USD 99 to 101 as weekly bottoming area next few weeks but

it MUST bottom there, or something BIG is happening ... end of $ hedgemony and as u say China and likely others making move to sell $.

for now this is helping stocks - though not as much as it should ..which is bearish longer term ... but I think if dollar broke through 99 area then

that correlation will reverse and stocks /bonds start to sell with falling dollar.

Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB