klugshaft

klugshaft

Just a correction to my previous post, wave C of the Elliott wave cycle has just started. Down trend will continue for at around hours before swinging high again.

klugshaft

The Elliott wave cycle almost completed. Wait and see what comes next. Next week Fed to discuss interest rate rise should ignite the USD bull again!

klugshaft

It looks like DXY is starting to move up after a sudden bearish trend.but we need to wait for RSI to move up to 50 to get confirmation. The fundamental is that the Fed is going to raise interest rate, DXY is going to rise.