This is the weekly analysis of the Major Index Pairing. We pair the currencies based on their individual strength and weaknesses.
dxy: Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: DOWNTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: NEGATIVE [BEARISH]
----------------------------
exy: Euro Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: POSITIVE [BULLISH]
----------------------------
sxy: Swiss Franc Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: EXTENDED TREND CYCLE B
WAVE: WAVE 3 COMPLETED
VERDICT: POSITIVE [BULLISH]
----------------------------
ZXY: New Zealand Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: POSITIVE [BULLISH]
Note: Wait for a Pullback
-----------------------------
Axy: Australian Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: POSITIVE [BULLISH]
Note: Wait for a Pullback
-------------------------------
jxy: Japanese Yen Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: EXTENDED TREND CYCLE B
WAVE: CORRECTIVE PHASE[EXPECTING C LEG]
VERDICT: NEGATIVE [BEARISH]
Note: MORE DOWNSIDE BEFORE TREND CONTINUATION
-------------------------------
BXY: British Pound Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 3 COMPLETED
VERDICT: POSITIVE [BULLISH]
---------------------------------
cxy: Canadian Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 1 COMPLETED
VERDICT: POSITIVE [BULLISH]
Note: Cad is very strong and keeps an eye on the Bullish move
-----------------------------------
CURRENCY PAIRINGS
BUY PAIRS
EURUSD
GBPUSD
NZDUSD
AUDUSD
EURJPY
GBPJPY
AUDJPY
GBPJPY
CADJPY
SELL PAIRS
USDCHF
USDCAD
dxy: Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: DOWNTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: NEGATIVE [BEARISH]
----------------------------
exy: Euro Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: POSITIVE [BULLISH]
----------------------------
sxy: Swiss Franc Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: EXTENDED TREND CYCLE B
WAVE: WAVE 3 COMPLETED
VERDICT: POSITIVE [BULLISH]
----------------------------
ZXY: New Zealand Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: POSITIVE [BULLISH]
Note: Wait for a Pullback
-----------------------------
Axy: Australian Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 2 COMPLETED
VERDICT: POSITIVE [BULLISH]
Note: Wait for a Pullback
-------------------------------
jxy: Japanese Yen Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: EXTENDED TREND CYCLE B
WAVE: CORRECTIVE PHASE[EXPECTING C LEG]
VERDICT: NEGATIVE [BEARISH]
Note: MORE DOWNSIDE BEFORE TREND CONTINUATION
-------------------------------
BXY: British Pound Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 3 COMPLETED
VERDICT: POSITIVE [BULLISH]
---------------------------------
cxy: Canadian Dollar Currency Index
WAVESOFSUCCESS ANALYSIS
TREND: UPTREND
PHASE: TREND CYCLE B
WAVE: WAVE 1 COMPLETED
VERDICT: POSITIVE [BULLISH]
Note: Cad is very strong and keeps an eye on the Bullish move
-----------------------------------
CURRENCY PAIRINGS
BUY PAIRS
EURUSD
GBPUSD
NZDUSD
AUDUSD
EURJPY
GBPJPY
AUDJPY
GBPJPY
CADJPY
SELL PAIRS
USDCHF
USDCAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.