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Dollar-index

DXY SHORT ANALYSIS TO $82.50 (DAILY TF)This here is my short analysis for the Dollar Index all the way back down to $82.50. This here is the overall bigger direction on the Daily timeframe. My Monthly TF analysis (Posted on my TradingView profile) has led me to believe the Dollar Index will take another dive down, in order to complete the corrective structure in accordance to the Elliot Wave Theory. So far we've seen a completion of the impulse move (Wave 1, 2 & 3) followed by a bearish wave down in 2017 which broke the bullish structure. This move down would be considered Wave A of the correction, WAVE B is also now complete the upside, so now we are expecting one final wave (Wave C) to complete the overall Elliot Wave Theory move. This predicted move is likely to play out over the next few years. All my socials are listed on my TradingView profile. I will be catching this move on behalf of myself & my Account Management investors.
TVC:DXYShort
by BA_Investments
Short into the NEW YEAR - US DXYAs you can see we are trading in a large fractal pattern , with the STOCH RSI heavily overbought . The USD is showing short term strength, but it is trading in a firm fractal. I believe we will see the USD Index fall into the new year, retesting the bottom trendline of the fractal. Furthermore, we may see the price completely fall out of the fractal. Inflation is on the rise in the USA. This is highly positive for crypto and other currencies such as the AUD. Thanks for reading.
TVC:DXYShort
by thehunchos2003
1
DOLLAR- Time for a Correction?NFP coming up and i do not seem to agree with the 'news' : The US Bureau of Labor Statistics (BLS) will release the September jobs report on Friday, November 5 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcoming employment data. Investors expect Nonfarm Payrolls to rise by 425,000 in October following the dismal print of 194,000 in September. Dollar will most likely correct today. the FXPROFESSOR
TVC:DXYShort
by FX_Professor
7
USD looks vulnerable at support...It’s probably far too premature to suggest that Dollar/major and EM pairs may have marked out boundaries for the big BLS release already, but the index looks pretty restrained having slipped into a lower range either side of 92.200 and just above the last fairly recent low ahead of 92.000. Thursday’s more encouraging US jobs data proxies have not made a lasting impression as the DXY meanders between 92.253-151 after another ‘dead cat’ bounce, awaiting the official report to assess further progress towards the ‘substantial’ threshold set by the Fed for tapering.
TVC:DXYShort
by FTUKcom
1
Dollar strength incoming...Several Fed speakers are lined up to appear on CNBC before KC President George officially opens the annual JH event, but markets are waiting in anticipation for Chair Powell to deliver his speech on the economic outlook for any clues on further progress towards the substantial benchmark for igniting the taper that might come at September’s FOMC. Hence, the Buck looks pretty bunkered and in familiar ranges vs most G10 rivals, while the index continues to hold a relatively tight line around 93.000 following its break down from Monday’s loftier levels. Indeed, the DXY only managed to match its midweek best despite the hawkish momentum provided by Bullard and Kaplan yesterday, as attention turns to multiple US data points. Meanwhile, technical and mega option expiry interest appear set to keep the Euro in check given another probe, but no sustained breach of the descending 21 DMA (1.1766 compared to 1.1772 on Thursday) and 2.1 bn rolling off between 1.1765-75 for the NY cut.
TVC:DXYLong
by FTUKcom