DXY bears are well-set to revisit monthly low
Happy new year traders, here is my market analysis on DXY on a monthly as we start a new year/month we have the market in an overall bullish trend giving us impulsive and corrective moves.
labeled by the [ABCDE] Elliot wave we can see having an impulsive move from (D) till (E) touching our resisting trendline, giving an opportunity to the sellers as we can see a sharp move to the downside revisiting 103.1836 level. if the market go break/close below this level will have more sellers jumping in to push the market to the supporting trendline to complete the wave (E).
In doing so, the greenback’s gauge versus the six major currencies replicates the sluggish markets amid the year-end holiday mood, as well as due to the mixed catalysts.
labeled by the [ABCDE] Elliot wave we can see having an impulsive move from (D) till (E) touching our resisting trendline, giving an opportunity to the sellers as we can see a sharp move to the downside revisiting 103.1836 level. if the market go break/close below this level will have more sellers jumping in to push the market to the supporting trendline to complete the wave (E).
In doing so, the greenback’s gauge versus the six major currencies replicates the sluggish markets amid the year-end holiday mood, as well as due to the mixed catalysts.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。