DXY
Dollar Index – Downward impulse is underway – April 13th, 2021
Wave 2 might have been in place as a double zigzag. The current downward impulse is supposed to be wave ((i)), as shown on the 15m chart below. A fourth-wave correction turned out to be a little bit smaller, so wave (v) is underway. In this case, after a short break, we could see the price even lower.


Dollar Index – Downward impulse is underway – April 8th, 2021
Wave 2 might have been in place as a double zigzag. If correct, the market should continue unfolding a bearish wave (iii) in the coming hours. At the same time, wave (iv) is going to begin in the shower term, probably on Friday. However, if the price goes through the low of wave i (see the 15M chart below), there’ll be a green light to have a longer wave 2.


Dollar Index – Downward impulse is underway – April 7th, 2021
Wave 2 might have been in place as a double zigzag. If correct, the market should continue unfolding a bearish wave (iii) in the coming hours. At the same time, wave (iv) is going to begin in the shower term, probably on Thursday. However, if the price goes through the low of wave i (see the 15M chart below), there’ll be a green light to have a longer wave 2.


Dollar Index – Downward impulse is underway – April 6th, 2021
Wave 2 might have been in place as a double zigzag. If correct, the market should finish unfolding a bearish wave (iii) in the coming hours. In this case, wave (iv) is going to begin anytime soon. However, if the price goes through the low of wave (i) (see the 15M chart below), there’ll be a green light to have a longer wave 2.

