Is US Dollar Topping?

by elliottwave-forecast.com | November 3, 2019 1:18 pm
The Fed’s monetary stance has turned 180 degree this year. Recall last year the Fed talked about shrinking the balance sheet on auto pilot and raising interest rate. The QT (Quantitative Tightening) of $50 billion a month,...

Strong GDP supports the US Dollar

by elliottwave-forecast.com | May 1, 2019 11:36 am
Summary A strong 3.2% U.S first quarter GDP indicates robust economy. Temporary drivers of the growth however may not be sustainable for the remainder of the year. Strong U.S. economic data can continue to boost global stock...

US Dollar Resumes Rally After Completing Pullback

by elliottwave-forecast.com | March 10, 2019 9:55 pm
In this blog, we take a look at US Dollar Index correlation with USDPLN and we also look at the updated Elliott wave charts of USDPLN which have been working very nicely since we highlighted the bullish...

U.S. Dollar: Why It Pays to Use the Elliott Wave Model

by ForexCycle.com | April 7, 2018 7:25 am
By Elliott Wave International The legendary football coach Vince Lombardi believed that a winning team is built on mastering the game’s basics — so much so that at the start of the season he would “remind” veteran...

DXY Elliott Wave View: Double Correction

by elliottwave-forecast.com | September 21, 2017 3:30 pm
DXY Short Term Elliott Wave view suggests that the decline to 91.01 ended Primary wave ((3)). Primary wave ((4)) bounce remains in progress as a double three Elliott Wave structure. Up from 91.01, Intermediate wave (W) ended at 92.66...

DXY Elliott Wave View 9.15.2017

by elliottwave-forecast.com | September 15, 2017 10:55 am
DXY Dollar Index Short Term Elliott Wave view suggests that the Index ended Primary wave ((3)) at 91.01. Primary wave ((4)) bounce is proposed complete at 92.66 as a double three Elliott Wave structure. Wave (W) of ((4)) ended...

DXY Elliott Wave View: Zigzag Correction

by elliottwave-forecast.com | September 14, 2017 2:41 pm
DXY Dollar Index Short Term Elliott Wave view suggests that the Index ended Primary wave ((3)) at 91.01 and currently in a Primary wave ((4)) bounce. Internal of Primary wave ((4)) is unfolding as a zigzag Elliott wave structure....

DXY Dollar Index Elliott Wave View: 9.12.2017

by elliottwave-forecast.com | September 12, 2017 2:15 pm
DXY Dollar Index Short Term Elliott Wave view suggests that the decline from 8/16 peak is unfolding as an Ending Diagonal Elliott Wave structure. Down from 8/16 high, Minor wave 1 ended at 91.62 and Minor wave 2 ended...

USDX Elliott wave view: Double three

by elliottwave-forecast.com | August 17, 2017 10:56 am
Short term USDX index Elliott Wave view suggests that the decline to 8/02 (92.54) low ended intermediate wave (3) then the rally from there is unfolding as a a double three Elliott wave structure. As the structure from the...

US Dollar to stay soft in 2017

by elliottwave-forecast.com | August 2, 2017 10:12 am
The USD Index has dipped over 9% this year. The weakness in US Dollar has been broad-based and consistent against all major currencies. The Dollar Index closed fifth straight month in losses , something which hasn’t happened since...