A month perhaps for the death cross?
Quote from: ken on March 01, 2019, 01:05:25 PMA month perhaps for the death cross?Hard to predict, early numbers rolling off the DXY 200 day are low around 90 so their influence will be pushing the 200day up. For the 50 day, numbers rolling off are from mid December, relatively high near 97, so they will be influencing the 50 day down. Going into January DXY was week, so those numbers coming off will influence the 50 day back up.
This might be a better representation of the dollar's value, dollar priced in gold times a 1000 as it does not have influence of the other 6 fiat currencies. Story line is the same dollar looks like it might be rolling over with the BB midpoint curve turning down and moving averages bear oriented.
The 200DMA is the next target. Below that, it's a long way down.
Could get a decent rally for some months on this. Into the end of the year???