Shin_ichimoku

DXY analyzed with Shin Ichimoku

TVC:DXY   U.S. Dollar Index
1. In terms of PA (price action) Currently, the price line has broken through the 93.6x area, officially forming a structure of increase in LL Dow Dow uptrend theory.
2. Considering Ichimoku:
- The price line is currently fluctuating in a 23-day cycle
- The confirmation wave is wave N2 that can move up until October 5, 2020
- The upper indicator has created a flat magnetic cloud (senkou spanB creates a flat), making the price line move up to this zone or possibly higher at 95.7x.

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.