This is a chart of the US Dollar Index on the 4-hour time frame. Based on my analysis, DXY has completed 2 sequences of Elliot Waves and an addi
Views of Dipak Z on Nikita’s analysis in USD Index.
As Nikita recently shown the 4 hr chart and showing uptrend on it so it could be very possible but What I have a market on the daily is to set downside.We have FOMC meeting ahead of this week where there are chances to get rate hiked.but In my opinion they rates hike have less probability .because as Dollar is strong they may be seen it as ease of doing business outside their territory.
So it could be postponed by FED chairman Mrs. Yellen this week.What they could do is to stay on their decision till they would improve in controlling the price of the dollar in international market .
Gold as presented in this article – Elliot planning to push Gold upside for Target ..1362 and above see how we could see it in upside targeting 1326 in near term according to our view.
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