"USD DXY. I can't stress this point enough. DXY doesn't ever correlate previous, present and in the future. It trades in Cents not dollars. Don't look at DXY in terms of another currency pair, its a stand alone instrument and actually…"
"Hi Dao, Two of the least known or understood currencies and who caused the world the greatest historic grief is JPY and USD. All former agreements from Bretton Woods to Plaza to Louvre Accords was a result of USD and JPY. None of the…"
GBPUSD moved even lower in this week, now beneath 1.6600 that can represent final stages of wave (v) in 3 that may seek for a support around 1.6500/1.6550. We still believe that rather sooner than later pound will turn up into a corrective rally. We will be tracking wave 4 then that can even move up back to 1.6680 before downtrend resumes. That kind of pullback in three legs would be a good one to join the trend.GBPUSD 4h Elliott Wave Analysis…See More
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