DXY Elliott Wave Analysis

Overview and Outlook for #USDX (US Dollar Index)As shown in the graph of the American currency index, the formation of an extended downward plane continued during the last three years. Since the beginning of last year, the final part of the wave model started. The structure of the entire wave does n...

Review and forecast for AUD / USD pairAt the end of the rising wave, the main pair of the Australian currency formed a counter wave structure, which sets the trend for the entire last year. Last year, the wave was established in the form of a shifting plane that started on September 8. The final sec...

Overview and Outlook for #USDX (US Dollar Index) On the daily scale of the dollar index chart, the formation of the descending stretched plane continues. The wave has entered the final phase and the degree of elongation of the final wave depends on the coincidence of several factors. Mainly, it reli...

Review and Forecast for GBP / JPY The ascending wave of the cross pair pound/yen came to its logical conclusion. In a larger wave model, this section took the place of correction. Price extremes over the past year have formed a distinct geometric figure "ascending flag", the top of which lies agains...

Overview of #USDX (US dollar index) with a forecast for the current dayThe descending stretched plane formed on the weekly scale of the US dollar index has entered the final phase. The structure of the entire wave model was constructed up to the last part (C), where the final section is missing. App...

Overview of #USDX (US dollar index) with the current day forecastThe direction of the fluctuating dollar exchange rate shown on its index graph coincides with the development process of the descending expanded flat. The final part of the wave that started this year has reached the minimum required l...

Overview of #USDX (US dollar index) with a forecast for the current dayOn the weekly scale of the graph of the US dollar index, the dollar rate was established according to the wave model algorithm since March 2015. The wave structure of motion fits into the classical correctional pattern of a "stre...

Overview of NZD / USD with the current day forecast On the daily scale of the chart, as a result of the downward wave formation of July 27, the New Zealand dollar majors reached the upper limit of the powerful support zone of the large time frame. In the structure of a larger wave model, this site t...

On the daily scale of the schedule of the cross pair British pound/yen since October last year, a clear graphic figure "ascending pennant" is formed. When analyzing the structure of this wave, we can note the limited potential for its growth. The quotations are near the lower limit of the calculatio...

Overview of GBP / JPY with the current day forecast On the chart of the British pound in a cross pair against the Japanese yen, the upward wave, which sets the trend direction, reached the zone of the potential reversal. Regardless of the future prospects, at this price level, the pair needs to work...

USD / CHF pair review with current day forecastThe incomplete wave structure of the Swiss franc major pair on a 4-hour time frame is the ascending zigzag pattern on August 29. The final part of the wave (C) was formed the last week. The price has reached the minimum calculated level of extension. Th...

GBP / USD outlook for the current dayThe major pair of British currency continues to be adjusted after a prolonged decline. Calculation of the target area indicates the proximity of its lower boundary from the current values of the pair. Correction of the wave analysis of the section shows the compl...

Overview of #USDX (US dollar index) with a forecast for the current dayThe chart of the US dollar index from the beginning of this year continues the downward trend. The trend is set by a large corrective descending model, formed an expanded flat. Quotations in the index were within the range of a p...

AUD / USD overview with current day forecastThe direction on the chart of the major Australian dollar short-term trend of the is set by an upward wave since January 2016. On a larger scale, the plot of the chart became a correction and the structure of the wave was formed. The upside potential is cl...

Overview of #USDX (US dollar index) with a forecast for the current dayThe variation of the dollar exchange rate on the graph of the index in the last two years is set by the algorithm of the stretched plane. The figure corrects the previous trend section. Since the end of last year, the direction o...

Overview of AUD / USD with the current day forecast Analysis of the weekly scale of the major chart shows the formation of the upward wave model since 2008. The current 5-year decline has formed the corrective part of the wave (B). Its downward potential is almost exhausted. The wave logic indicates...

Review of the currency pair NZD / USD with the current day forecast A correction is formed on the weekly scale of the New Zealand dollar chart. Directing an upward wave from a two-year short-term trend is in the final phase. Quotations of the pair reached the lower boundary of the reversal section o...