DXY: Major retracement, or uptrend continuation

The dollar index             has plotted an interesting pattern after the weekly downtrend signal present in it since the first week of March ran out of time. It's possible to expect a fundamental catalyst that will propel the dollar into a rally from here onwards, in particular against the Euro             , Swiss franc and British pound. The Yen remains a viable candidate for strength though, specially with an impending oil             correction or downtrend continuation in the cards.

Some interesting cues:

That being said, the Australian dollar             might just move sideways while the dollar gains some strength, I would avoid shorting it, since it appears to have reversed the long term downtrend from the all time high.
I expect equities to rally this year, after a correction (we remain range bound). This correction in stocks matches a potential oil             turn around, which also aligns well with a retracement in silver             and gold             , before both (as well as copper             and palladium             ) resume the uptrends that emerged from the lows.
I'll monitor the action this week closely and update this chart, we might see some very critical moves from here onwards.
Volatility has been very good this year in Forex , and I expect it to continue this way.

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Ivan Labrie.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803). KHL telegram group: https://t.me/joinchat/AAAAAAqHRWYvrLlfpF0StA
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