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DXY - FX Majors | Patterns & Waves | June-July 2019

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FX Majors have been moving a lot lately, with multiple impulses potentially around the corner, awaiting their turn.

During Q2, I've been sharing some daily wave counts, in which I've been signaling some swings. Most have already started.

The main question right now is: "Is the USD continuing the Bearish Impulse?"

There are considerable technical signs contemplating towards the answer: "YES".

All FX Majors counter-currencies are helping to push to USD lower, as they are showing reversal patterns.

  • DXY labeled within a Bearish Impulse, involving an Extension.
    Expectations are for the USD to face a drastic decrease, in the 3 of 3's.
Nota
DXY in a corrective Minute degree wave ii (red).
Minuette (c) orange pending.
snapshot
Nota
Pattern delayed, Minor 2 (red) prolonged.
snapshot
Nota
DXY down-trend starting.
snapshot
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