Dollar Index (DXY) Forecasting the Rally After 3 Waves
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Dollar Index (DXY) Looking for a Flat Elliott Wave
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DXY is approaching resistance with potential for a
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Will the dollar bounce back from its current decline?
<Fundamental>
The latest July PCE data clearly indicates a significant slowdown in inflation. The headline PCE data
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DXY remains under pressure
From a technical perspective, DXY extended its decline as the price approached the 100.80 support. A break below this
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Dollar pared recent gains as Fed rate cut looms
Fundamental Perspective:
The Fed will likely keep interest rates steady and hint at a potential cut in Sep amid progress
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DXY remains under pressure
Technical Perspective: DXY broke out of its ascending trend line and formed lower swing points on the daily timeframe, with
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Dollar Index ( DXY ) Elliott Wave Calling the Decline
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Outlook on DXY
Technical Perspective:
DXY remains within an ascending channel as the price approaches the 104.50 support zone, which
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Bearish Elliott Wave Sequence in Dollar Index (DXY)
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