The main hourly wave count has been invalidated confirming our alternate hourly wave count with it’s target also being reached.
We continue with this alternate hourly wave count today.
The main hourly wave count has been invalidated confirming our alternate hourly wave count with it’s target also being reached.
We continue with this alternate hourly wave count today.
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The main hourly wave count has been invalidated since our last analysis. Our main wave count and the alternate hourly therefore remain valid.
We only have one daily wave count with two possible hourly wave counts today.
Tags:dollar·elliott wave forex·forex elliot·forex elliot wave·forex elliot wave analysis·forex elliott·forex info·forex information·us dollar·usd·USD Index
It has been a very tough few weeks in providing wave counts for the US Dollar Index. The wave counts have been invalidated at hourly as well as daily level.
Today we provide a new wave count that expects possibly short term downwards movement within a larger degree structure with much more upwards potential in the medium and long term.
We only present one daily wave count at this stage, but we will be looking for other valid possibilities.
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The main hourly wave count from our last analysis was invalidated as the Dollar continued lower.
We present two possible wave counts today. The structure is not as clear as we would like it to be, we do however expect these are the two most likely wave counts.
Tags:dollar·elliott wave forex·forex elliot·forex elliot wave·forex elliot wave analysis·forex elliott·forex info·forex information·us dollar·usd·USD Index
The main hourly wave count from our last analysis was invalidated which confirmed the alternate hourly wave count that expected further short term downwards movement. We did however not see enough downwards movement to our target.
We only have one possible wave count today that expect to see the Dollar continue higher.
Tags:dollar·elliott wave forex·forex elliot·forex elliot wave·forex elliot wave analysis·forex elliott·forex info·forex information·us dollar·usd·USD Index
The Dollar has moved higher within wave (3) aqua as our last analysis expected.
Upwards movement is expected to continue but may lack momentum as it is expected to be within a diagonal structure.
Tags:dollar·elliott wave forex·forex elliot·forex elliot wave·forex elliot wave analysis·forex elliott·forex info·forex information·us dollar·usd·USD Index