AndyM

USDOLLAR update: EUR to decline to 1.08 before rally

FX:USDOLLAR   Dollar Index
Good morning! Here's a quick update on USDOLLAR             ( DXY             ). The structure of the X wave becomes more clear, in fact it unchanged since the last update: we are in for a zigzag, which started May 14th and the market is still tracing its C wave, which is impulsive and is slower than A wave, so adheres to what's usually expected from a zigzag.

Not too many changes, I still expect EUR to go down slightly, also Crude and USDCAD             will make new lows/highs before reversal.
mkgone
a year ago
Same view. I'm excited how far wave 5 will go.
Reply
Wave 5 should be relatively small in comparison. The big move will be shorting the next leg in the dollar.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out