PA-FX

The last push of the cycle!

Long
TVC:DXY   U.S. Dollar Currency Index
So guys, when you hear someone talking about patterns that repeat itself, this is usually what they mean. Can you see that similarity between those two cycles? Sure you do :)

I am expecting this last leg to end at the TL and the 1,414 to 1,618 Fib extension area.

Like if you agree, Follow and support!

Comments

Yeah till 2018 it should topped and then slope to the 75-80 area again (with some crysis in background). Maybe if it will be large crisis we will under 70 (cause always it has lower lows and lower highs per pattern).
Reply
Abozahra , if my observation of your chart is correct , then we will see a pullback in the USD before it heads much higher again. Since I trade the USD/CAD , the OPEC cuts in production have completely negated the good news about the US economy recently. Thus , I am thinking that the CAD will strengthen in to January. What do you think ? Thank you for this chart , very much appreciated .
Reply
PA-FX helper140
@helper140, Hi, thanks for your support! Yeah the CAD is definitively getting in better shape and with the non OPEC accepting to cut production too. Well we have to wait to Wednesday and see how the FOMC will do and what is their view for 2017.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out