Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended wave 1. Rally in wave 2 is in progress as an expanded flat Elliott Wave structure. Up from wave 1, wave (a)...
In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index DXY , published in members area of the website. As our members know, Dollar has given us recovery...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dollar Index. As our members know, DXY has recently given us correction against the 104.72 peak. Recovery...
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 is another instrument that has given us trading opportunities lately . Dollar Index is showing incomplete sequences in the cycle from the June low. Recently it made clear 3 waves pull back and found...
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...
More correction expected in the DXY as sellers continue to dominate The DXY or the dollar index has been in a steady decline from the 102.97 levels. These levels were seen in March 2020. And since then,...
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...
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...
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...
