Inside traders are laughing at us
US Dollar Index CFD (USD) forum
DXY due to our government being very much biased and unwilling to confront the nitty gritty heres a report you may not have heard : China ( responsible for roughly 11% of the world's gold production which is the largest in the world) has begun to sell gold bars from The Peoples Republic Bank of China. The problem: They are ONLY selling in YUAN CUREENCY
ill let you smart individuals sort out what will happen next and how this will have a domino affect for the Dollar
Fed would have cut US interest rates by now if it weren’t for Trump’s tariffs, says Jerome Powell - translation " Im not going to take the blame for trump destruction and will not add to the flames, I'm out." Jerome Powell
DXY someone check on the dollar I think it’s dead
DXY another 11 down for supportAs you witness the crossing 4hr 20 ma green candle . Normally on technical it would follow uptrend all the way to that 50 ma important resistance level but instead as you see it got manipulated to go down and cross below the 20 ma. Get in reality and stop running away from the truth I Know it hurts . I will ignore the mocking
Actually I'm going to stamp this time of proof and leave it here. Day 3 Wednesday bearish since Sunday night 2 more week days to go.
If the manipulation stop it will now test 4hr resistance around 97.200 area
DXY ..like I pointed out yday, just a dead cat bounce
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