U.S. Dollar Currency Index


The dollar index may be about to push a lot higher. The Dollar Index has seen its RSI fall well below oversold levels at 30, all the way down to 18. Now that the RSI is starting to rise steadily while the index has been trending on the lower side of the channel, creates a divergence indicating a dollar reversal to higher levels. The U.S government spending soars while rates on the 10-year US treasury sink. Inflation linked assets might seem to struggle while the Dollar Index is shifting from a bearish to bullish trend .