Elliottician_SamRoy

USD Index- Bigger Picture

INDEX:DXY   U.S. Dollar Index
a year ago
As almost all major USD pairs correlate with USD index, either directly or inversely, prediction of direction of $ index is important to keep in mind bigger picture for all those major pairs.. Looks like we are in correction right now, that can stay for more time before bulls come in the game.
5 months ago
Comment: Going nicely according to the analysis. Wave-iv looks like completed. DXY ready to fly to complete wave-v in order to finish 3rd wave rally...
Happy trades:)
I believe that "Money Management is more important than Money Making"
My EMAIL: samroy73@gmail.com
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johnm600
a month ago
Hi there,
I am comparing your latest audusd graph with this dxy graph and the expected inverse relationship is not clear to me at this scale.
There is one major modifier to the relationship and that is iron ore price effect on the ozzie.
I wonder if you could do an update of the dxy graph a the same time scale as recent audusd graphs so I can see more clearly what is going on.
Thanks
John
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