Legionnaire

DOLLAR INDEX : TRIANGULATING OUR THOUGHTS!!

INDEX:DXY   U.S. Dollar Index
DXY             has been consolidating and leaving little clues as to which direction it is likely to follow. The Elliot Wave counts on the chart show 3 potential counts all of which are viable counts. Triangulating price action by any asset class is always tricky and from an Elliot Wave perspective it exposes the subjective nature of this discipline. Below 96.17 sees the Flat Correction count winning out but above 100 sees the triangle completed and a final push to new highs will likely be the outcome. Patience is key whilst the triangle matures.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out