My take on DXY hourly. I am reasonably certain that the 1st wave is over although no confirmation yet. Here is a chart. Now technically we should go up in a painful way since it is a correction. Wave 2 can retrace right to the top of wave 1 but ...

Elliot Wave Analysis

In case of EUR/USD, this pair has been bullish for a long time . since march 3rd 2020, price crossed 200 sma on daily chart. Next chart is the cot positions of eur/usd. Notice the crossing over to long side also happened on or just after 3rd ...

Elliot Wave Analysis

This according to me is the big picture of DXY.I am sure the chart is self explanatory. If anyone has a doubt on the chart, give me a shout. This is a daily chart. Will update later on with some COT standings as well. GOOD Luck.

Elliot Wave Analysis

This is an hourly chart of dxy. We will be completing wave 1 of the 5th wave soon and start wave 2 of 5th up soon . Here is a chart . Ultimate target is around 88.13.

Elliot Wave Analysis

So the alternate count played up. we have an ABC up as 4th minor wave. |Now expecting a fifth wave to at least 88.13 if this wave is not extended. Here is a chart. Next post will be a lower time frame chart as we are expecting a 5 wave down move in ...

Elliot Wave Analysis

possible scenario for alternate count on dxy ... index has hit the FE 61.8 to the pip and has turned down. this could potentially be a reversal for a wave 5 down of the chart which is shown below... if this keeps going down... there will be a 5 wave ...

Elliot Wave Analysis

Check for COT analysis on url COt report is updated on this site on a weekly basis. you can get cot analysis on every currency and commodity + stock indices.

Elliot Wave Analysis

alternate count for the above chart .. Dollar has one more downside before the large correction up. This could be a minor abc correction .Check this chart ..

Elliot Wave Analysis

us dollar is surging forward as expected but it looks like we will have a disappointing FOMC meeting. According to the fib values, us dollar broke through Fe 100 like a hot knife on butter and it seems to try and reach the 161.8% ( normal target for ...

Elliot Wave Analysis

This is working out pretty well. waiting for ( Fe 100) in us dollar index to take out a few profitable positions ... Hope some of you took it .. Good luck! Hoping to see a sudden surge at FOMC to take dollar a lot higher else it will complete Fe 100 ...

Elliot Wave Analysis

Strategy still stands ... buy the @#$% out of weaker currency pairs against dollar ... today's weaker ones are CAD EUR and AUD respectively... so, eur/usd ---- sell usd/cad --- buy aud/usd ----- sell .. Good luck !!

Elliot Wave Analysis

Index went a lot more below than i expected but fortunately it did not break the low otherwise we had to change the count. Now it seems like going up and with today's FOMC and rate decision, it should go a long way up (hopefully). anyway here is a ...

Elliot Wave Analysis

Here is a chart of US dollar index on 4 hr. I believe that us dollar is in a big corrective move at least to 94.. maybe a tad more.. need some more data to paint a picture with some accuracy. with a high of 90.91, it seems to have completed the 1st ...

Elliot Wave Analysis

It's been a long time that i've posted anything in FF. with the current pandemic, there's not a lot to do other than sit in front of a system and speculate at least for someone like me who has been in the markets for donkeys years lol. anyway ... ...

Elliot Wave Analysis

oops!!! sorry about that. i read that u r going to long gbp with the above post, and i went and clumsily quoted the wrong post.. apologies. i trade gbp as well and with the current economic turmoil with Brexit and covid, gbp is the worst performing ...

Traders With LIVE ‘Trade Explorer’

I disagree ... dollar has finished it's bear run temporarily and will be correcting up until 94 (presumably). seems to be the daily resistance. This bullishness from dollar will take most of the other currencies down... unless u r scalping. It will ...

Traders With LIVE ‘Trade Explorer’

I agree with your AUD/USD charts as usd are preparing to cut rates and hedge funds are positioned long in aud... but jpy is shorted heavily by hedge funds and institutional traders.. so most of the pairs with jpy will be going up. Best would be ...

Elliott Wave Trading by Ayax

Since the institutional traders are net short on Yen and US is net long ... here is a chart of USDJPY daily.

Elliot Wave Analysis

cadjpy is same thing as gbpjpy but in this case the demand zone is already met and price has turned up, so possibility of a gap down to 23.6 and then very bullish . careful trading on Mondays until EU session.

Elliot Wave Analysis

The cot report states that the institutional traders are very short on the yen. So the strongest currencies are GBP and CAD. Here is an EW chart of daily GBP/JPY. Trade with caution on Monday as there can be some gaps. wait until European session . ...

Elliot Wave Analysis