DXY Roadmap February 2023

Zaktualizowano
This seems rather logical and most likely the final run higher before what looks like multi year reversal
Uwaga
Da King could be looking for a secondary low around these levels 102
Uwaga
Weaker than expected which increases the probability to a muted recovery into 103s
Uwaga
This has been very weak, It needs to start turning higher soon
Uwaga
So FED meeting next week could charge da KIng higher potentially into 106s
Uwaga
GDP is dollar bullish. JP better watch carefully and hawk out next week
Uwaga
Problem here is market continues to fight Fed as implied by fed futures...once this is cleared da king should rise
Uwaga
Good move this week. More is needed
Uwaga
105 and then 107 into summer is achiavable
Uwaga
Quite laborious move but pressure up is building into mid August
Uwaga
This is going not as expected. This final strong downwave is forming as expanding diagonal it seems that targets low 99s basically within 1 point. Diagonals at min have a very deep retrace if it is leading
Uwaga
Increasing probability of this surprise breakdown forming as Wave B of running correction. It should be followed by Wave C higher into Mid/late August with min 102+ and max 105+
Uwaga
So far it appears more and more like a fake breakdown increasing the probability of a move toward 104 into August
Uwaga
With JHole this week, likely DXY high
Uwaga
Critical week for the Da King as depending on the weekly close, it could either extend higher or this week is the end of the recovery and new decline awaits
Uwaga
As expected, 104 was reached. Most importantly, weekly trend is up now which implies higher high ahead after potentially some pullback/consolidation
Uwaga
DXY is taking the scenic route into 108/110 most likely into Jan 2024
Uwaga
The scenic route to the final destination continues
Uwaga
If dollar turns weekly trend down which could happen this week, then the expected Jan high will be a lower high vs Oct which basically means the secondary dollar top was just up in Oct and the decline into 2025 has started...paramount for many assets
Uwaga
FInito...bye bye
Uwaga
Massive trend change was confirmed as expected this year
Uwaga
Final level for this decline likely to be 92 or about within the next several years. EURUSD 1.20 and GBPUSD 1.58
Uwaga
Burn. From King to a Pauper into 2025 with some intermediate lows in between
Uwaga
Quite a corrective bounce in the Da King but that should be it
Uwaga
As expected, King Dollar has been abdicating and replaced by two new Kings on a rotation.
Uwaga
Depreciation continues as expected
Uwaga
For now likely devaluation into late 2025/early 2026
Uwaga
Da King has been forming an impulsive trend move off the lows in late Sep which implies more upside after some correction
Uwaga
This could go as high as 107/108 into January 2025
Trend Analysis

Wyłączenie odpowiedzialności