With the current repo operations conducted by the Fed, housing and rental prices out of the grasp of the masses and an economy that is beginning to show very concerning cracks the days of the US dollar are numbered. We may see the start of financial crises beginning before the end of the year, the future looks bleak for the US dollar. Of course in the throws that lead up to a recession, the Fed will do all they can to keep the dollar floating. This recent push to the uptrend looks like the feeble attempts begining. This is more then a simple analysis this is a warning, get your money into assets as soon as you can if you trust block chains go for it, if not, good old silver and gold can protect your money from inflating. It is possible that the DXY will begin it's descent shortly, wait for closure below the trend line.
Order storniert:
No closure below trend line yet.