What is Bubbling Away Under The Surface? The Big Opportunities That Are In Plain Sight

By Mark Shawzin09/02/2020

Since I’ve referenced a dollar freefall in the headline, you might have guessed that it’s time to get a good long-term perspective on what's happening in the US dollar.

So here’s the 45-year chart of the USDI (US Dollar Index):

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USDI measures the dollar against a half dozen major currencies. While this is somewhat of a lagging chart, it does give you the big picture.

Over the past 10 years, we've seen an enormous rally in the US dollar which took the Euro down from 1.60 all the way to 1.02. But despite this large and extended rally, the USDI has been making successively lower highs over 45 years.

This creates a bearish descending triangle pattern for the dollar. A few months ago, I began to speculate that the dollar was going to turn lower. Today it’s beginning to confirm the double top I identified right at the trendline of that triangle.

In fact, the Euro has appreciated from 1.06 to 1.19 recently, and I don’t think that run is done yet.

That’s because there’s still a lot of room for the dollar to fall to 85 or thereabouts on the 45-year chart. So USDI should weaken substantially over the coming months and years.

Here’s a monthly chart of USDI so we can drill down to look at the price action in more detail:

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The double top on the long-term 45-year chart is apparent on this monthly chart. The second of the two tops formed during the height of the epidemic when there was an enormous fear-based rush into dollar liquidity.

Now USDI has turned lower and is approaching the prospective neckline of that double top.

A double top is a reversal pattern, so it’s likely that we’ll see a downtrend establish itself once that neckline has been breached. (There was an uptrend going into the double top and soon the reverse should be true.)

This is somewhat of an early call as that USDI neckline isn’t breached yet, but all the signs are in place for it to happen. That thesis holds up when we look at the weekly chart of USDI too:

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Again, it’s obvious how USDI hit a major resistance level and is starting to roll over with a double top.

On this weekly timeframe (each bar represents one week instead of one month as before), there’s also a bearish head and shoulders pattern which – like a double top – is also a reversal pattern. USDI has even broken through the neckline of that head and shoulders already.

And it certainly looks like there’s a lot more room to drop.  Even if USDI pauses at the support line lower down, the overall trend is becoming clear.

Something doesn’t feel right, does it?

  • Much of the world is on lockdown.
  • There is 15-20% unemployment in the US.
  • Business has practically shutdown.

Yet, the stock market is rallying and the US Dollar is looking strong.

But what is bubbling away under the surface and what is going to happen next?

Well, in this week’s video report, I shared exactly what I’m seeing and why the charts are already showing us what is going to happen next.

I covered:

  • The real reason behind the stock market rallying (and why the government have already achieved what took them six months to do in the 2008 crash)
  • With unemployment rates similar to the Great Depression, what does this mean for the US economy and will the trillions of dollars being dumped into the system save the US or ruin the economy?
  • Stop asking yourself “WHY?” in the markets and the only two questions that you should ever ask before making any trading decision (understand this, and it will help you to detach the emotion from trading that trips so many people up!)
  • The glaring “Ascending Broadening” price pattern on this controversial trade and what you should be doing TODAY to be on the winning side of the next big swing.
  • The unconventional AUDUSD bear trap, why it’s VERY DANGEROUS for lethargic traders and where the opportunity is within this trade for the fast action takers
  • A real-life example of how to stack risk/reward in your favor and why you must always be objective when trading (ignoring everything that the media tells you!)
  • Is the weakest currency emerging as one of the strongest currencies on the board? And what does this mean for the rest of the world’s currencies against the US Dollar
  • Why there’s 2000 pips on the downside on THIS pattern (and what you should be waiting for before being part of this HUGE trade) – watch from 16:30
  • The 45-year chart that shows why the biggest US dollar collapse could be on the horizon (and what this means for trading the USD today)
  • The governing price pattern on XUAUSD and why the future pattern has already been “written in the stars”
  • Plus Much More

Would You Like to Watch This Weeks Video Report?

I’m conscious that none of us would buy a car without having a test drive, and I feel much the same with our Weekly Video Report.

That’s why I would like to invite you to receive this week’s video report without any form of commitment. 

No tricks, no monthly tie-ins or anything like that.

You can just receive this week’s report as a one-off to experience it for yourself.

You’ll be able to see exactly what’s happening in the market, see what I have my eye on and hear my predictions on what is going to happen next.

If you find it helpful, then you may decide to subscribe to an annual subscription to receive these all year.

If you decide that it’s not helpful, then at least you’ve experienced it for yourself.

But it allows you to be informed and see exactly what it is without any commitment.

“Pay What You Want” to Receive the Video Report

As I don’t want any time-waters on this and to ensure that you watch it, I need you to have some “skin in the game”.

That’s why I didn’t want to “sell” this for a fixed fee, but instead give you an opportunity to choose how much you would like to contribute to receive it.

There is no minimum and no maximum.

You simply choose the amount.

Once confirmed, you will receive an email instantaneously linking you to the member-only video report.

You can then watch the report and understand why over 1000 traders religiously study this video every week.




Hi, I'm Mark Shawzin. After working on Wall Street as a trader for 23 years, and managing private client accounts for the past 13 years, I've put together my 21 most powerful Forex strategies.

21 Forex Power Strategies by Former Merrill Lynch Trader

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