Dollar Index ( DXY ) Forming Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | February 27, 2023 6:05 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dollar Index ( $DXY ).  As our members know, Dollar is correcting the cycle from the 114.67...

Dollar Index (DXY) Has Reached Inflection Area

by elliottwave-forecast.com | October 11, 2021 3:14 pm
Since bottoming earlier this year, US Dollar has steadily caught a bid. One of the primary reasons for the USD strength is because of the expectation that the Fed will start tapering later this year. The Fed...

SP500 and DXY Performance in US Election. What to expect this year?

by elliottwave-forecast.com | November 2, 2020 3:33 pm
Every 4 years the elections arrive in the United States, the performance of the most important health indicator of the financial markets, such as SP500, is reviewed again. In recent years the SP500 has been well above...

How Much Farther Will US Dollar Rally?

by elliottwave-forecast.com | January 31, 2020 5:02 pm
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 – 98.59 area which is the 100% – 123.6% Fibonacci extension...

Elliott Wave Analysis: USDJPY Extending Higher As Impulse

by elliottwave-forecast.com | July 13, 2018 2:47 pm
USDJPY short-term Elliott Wave view suggests that the rally to 111.13 high ended Minute wave ((i)). Down from there, the pullback to 110.24 low ended Minute wave ((ii)). The internals of that pullback unfolded as a Flat Elliott...

USDSGD Showing Incomplete Elliott Wave Structure To The Upside

by elliottwave-forecast.com | June 26, 2018 2:36 pm
USDSGD short-term Elliott wave view suggests that the decline to 1.3299 on 6/07 low ended primary wave ((X)) pullback. Above from there, the pair rallied higher and went on to make a new high for this year creating 5...

USDJPY Elliott Wave view: Calling For Bounces To Fail Ahead of NFP?

by elliottwave-forecast.com | June 1, 2018 2:37 pm
USDJPY Short-term Elliott Wave view suggests that the rally to 111.40 on May 21 ended intermediate wave (A) as a Diagonal structure coming from March 26 low (104.52) cycle. Pair is currently correcting cycle from 3/26 low within Intermediate wave (B)....