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DXY

DXY Completes Triple Combination

The DXY shows a bearish triple zigzag formation consisting of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Currently, wave Ⓩ which consists of intermediate sub-waves (A)-(B)-(C), is under development. Corrective wave (B) could move prices to 94.77, which…

DXY Correction A Triple Combo?

The current DXY structure shows a triple zigzag in cycle wave IV. The corrective leg consists of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Following the completion of correction wave Ⓨ, prices moved up in wave Ⓧ. However, wave Ⓧ is not yet complete.…

DXY ZigZag Poised to End Cycle?

DXY seems to be forming a bearish wave IV of a cycle degree, consisting of primary corrective sub-waves Ⓐ-Ⓑ-Ⓒ. Wave Ⓐ is a 5-wave impulse, and  wave Ⓑ is an (A)-(B)-(C)-(D)-(E) triangle. Impulse wave Ⓒ is currently under development.…