DXY Roadmap Nov 2016

Nov 15, 2016

Countdown to top - last few month before surprising/long correction

Nov 16, 2016

Note

The doves Dudley and Yellen will speak tomorrow, expect USD reaction

Dec 2, 2016

Note

Some corrective action/consolidation before final up into 1Q17

Dec 7, 2016

Note

Tomorrow ECB meeting and FED next week. SO far DXY is correcting well, still could reach 99.40 on the downside before FED meeting

Dec 8, 2016

Note

Target range here on the upside is 103/105

Dec 28, 2016

Note

Upside Extension into 108/109

Jan 5, 2017

Note

Appears quite complex lower degree Wave 4 forming, looks like widening triangle

Jan 14, 2017

Note

Best is over, expect one final rise that could form marginal new high >103.80 at best. Expect low 90s into later part of 2017 before next upleg into 120