DXY Elliott Wave SuperCycle
Discounting the dramatic market fluctuation caused by the onset of Covid 19, the Dollar Index (DXY) can be seen to have traced a full Elliott Wave SuperCycle indicated by the dotted yellow lines from 16th February 2018 to 14th July 2023.
On this analysis, we are in Motive Wave 1 of the next SuperCycle with economists predicting the first Target Rate Cuts following the May 1st FOMC Announcement.
On this analysis, we are in Motive Wave 1 of the next SuperCycle with economists predicting the first Target Rate Cuts following the May 1st FOMC Announcement.
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