In the long term, DXY has a cycle that moves based on the period of presidential leadership. My observations state that every period of presidential leadership in USA has a great influence on the turn of the dollar trend. therefore it is important for traders to continue to observe the fundamental indicators during a period of presidential leadership. Some important fundamental indicators are the direction of fiscal policy, monetary policy, political stability and economic growth. It is important that you explore the indicator and always monitor the news related to it. Technical analysis in this context is not the main reference, just as a supporter only. Usually I make an analysis like this to be used as a medium-term trading reference or swing trading.
Kommentera:
the government was forced to shutdown: however, if a temporary budget was agreed by the senate it would make more and more money circulating and weaken the USD.
