Browsing Tag

DXY

DXY Bearish Impulse Has Just Begun

The current structure of the DXY index hints at the completion of the cycle correction IV. This correction took the form of a double zigzag of the primary degree. In the next coming trading weeks, we could see a decline in the price and…

DXY Triple Zig-Zag To Fresh Lows

The current DXY structure shows a bearish zigzag in the primary wave Ⓩ, which completes the cycle correction b. The correction leg consists of intermediate sub-waves (A)-(B)-(C). At the time of writing, minor wave 3 has come to an end as…

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…