Chief Market Strategist Gareth Soloway uses technical analysis and his macro assessment of the global financial system to give a troubling forecast for the U.D. Dollar. He looks at the DXY, EUR/USD, USD/JPY, GBP/USD and USD/CAD. The DXY is borderline a major breakdown while the other currencies are all near or already breaking out. This shows de-dollarization taking place as countries move away from the greenback and the control it allows the United States to have. This signals the eventual reserve status of the Dollar being lost. Video by Gareth Soloway.
Test your trading skills on the BybIt user-friendly and advanced trading platform.
Start with demo account and try all the tools you need for profitable trading with your favorite Cryptocurrencies!
Try Free Demo Trading >>
