Is it time to buy the US dollar?
With US inflation rising, the US economy performing well, and rates higher for longer (well, I wouldn't be surprised to see the Fed hike rates by the end of 2025), the USD continues to be an obvious buy.
The
DXY is currently testing key horizontal support (previously resistance) and is nearing the weekly moving averages. This could be the time to buy the dollar.
I'm personally looking to short
EURUSD 
GBPUSD and 
NZDUSD and buy 
USDCAD and 
USDCHF
The
DXY is currently testing key horizontal support (previously resistance) and is nearing the weekly moving averages. This could be the time to buy the dollar. I'm personally looking to short
EURUSD GBPUSD and NZDUSD and buy USDCAD and USDCHF 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.