It's been a long time that i've posted anything in FF. with the current pandemic, there's not a lot to do other than sit in front of a system and speculate at least for someone like me who has been in the markets for donkeys years lol.
anyway ... starting with DXY,
with the trump admin gone almost... and the arrival of legitimate vaccine, dollar has finally put it's head out of the hole that it's been since march of last year. although, i do not believe that dollar is still out of the woods yet, but for a short term (3 months), we will definitely get a correction to 38.2 of the entire bear run.
Presumably it's only starting out now. Minor wave endings will be going on with small corrections to the downside (prompting people to buy other pairs). it would be better to sell rallies of corresponding us dollar pairs like gbp/usd, eur/usd and buying pairs like usd/cad and usd/chf on dips. I generally use Forex Performance (finviz.com) to see the strength of currencies just before London open. you can see this at Today's Trending Forex Markets - Barchart.com as well.