Presidential Rally Effect

These two images show a relatively similar picture. Both snapshots have been taken on the Daily timeframe, after the past two presidential elections (Trump & Obama administrations). Based on the snapshots we can see that both rally after the coming days as the market digests the sentiment related to the new president. We expect DXY to rally irrespective of the candidate. The USD will be in demand as investors turn away from risk-based currencies.

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This is an opinion, not financial advice.

Very interested in your thoughts!