FX Majors have been moving a lot lately, with multiple impulses potentially around the corner, awaiting their turn.
During Q2, I've been sharing some daily wave counts, in which I've been signaling some swings. Most have already started.
The main question right now is: "Is the USD continuing the Bearish Impulse?"
There are considerable technical signs contemplating towards the answer: "YES".
All FX Majors counter-currencies are helping to push to USD lower, as they are showing reversal patterns.
During Q2, I've been sharing some daily wave counts, in which I've been signaling some swings. Most have already started.
The main question right now is: "Is the USD continuing the Bearish Impulse?"
There are considerable technical signs contemplating towards the answer: "YES".
All FX Majors counter-currencies are helping to push to USD lower, as they are showing reversal patterns.
- DXY labeled within a Bearish Impulse, involving an Extension.
Expectations are for the USD to face a drastic decrease, in the 3 of 3's.
Note
DXY in a corrective Minute degree wave ii (red).Minuette (c) orange pending.
Note
Pattern delayed, Minor 2 (red) prolonged.Note
DXY down-trend starting.
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.
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.