{"id":166613,"date":"2020-03-16T14:04:49","date_gmt":"2020-03-16T18:04:49","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=166613"},"modified":"2020-03-16T13:11:10","modified_gmt":"2020-03-16T17:11:10","slug":"dxy-will-we-see-a-break-beyond-100","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/dxy-will-we-see-a-break-beyond-100\/","title":{"rendered":"DXY: Will We See A Break Beyond 100?"},"content":{"rendered":"
March 16, 2020<\/div>
\r\n<\/div><\/div>

By <\/strong>Orbex<\/strong><\/a><\/p>\n

\"\"<\/a><\/p>\n

The current DXY structure hints\u00a0at a\u00a0bullish 5-wave impulse consisting\u00a0of cycle degree waves I-II-III-IV-V.<\/p>\n

In the above chart, we can see\u00a0the final part,\u00a0impulse V,\u00a0being formed.\u00a0It\u00a0consists of primary sub-waves.<\/p>\n

With\u00a0the primary corrective wave \u2463 completed, a\u00a0move\u00a0towards\u00a0100.37\u00a0can be expected in wave\u00a0\u2464. The target would respect the tenancy of impulse waves \u2462 and \u2464 being equal.<\/p>\n

A different view can be provided on the above DXY depiction, where the primary corrective wave \u2463 is seen as incomplete.<\/p>\n

The correction could take a flat formation, consisting of intermediate sub-waves (A)-(B)-(C). But any corrective pattern can be expected.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

With the flat formation in mind, a raise to the \u200b\u200b98.81 area can be followed by a decline near 97.42.<\/p>\n

Both targets take into account the fact that all sub-waves of the flat formation are usually equal in size.<\/p>\n

By <\/strong>Orbex<\/strong><\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Orbex The current DXY structure hints\u00a0at a\u00a0bullish 5-wave impulse consisting\u00a0of cycle degree waves I-II-III-IV-V. In the above chart, we can see\u00a0the final part,\u00a0impulse V,\u00a0being formed.\u00a0It\u00a0consists of primary sub-waves. With\u00a0the primary corrective wave \u2463 completed, a\u00a0move\u00a0towards\u00a0100.37\u00a0can be expected in wave\u00a0\u2464. The target would respect the tenancy of impulse waves \u2462 and \u2464 being equal. A […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-166613","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=166613"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166613\/revisions"}],"predecessor-version":[{"id":166626,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166613\/revisions\/166626"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=166613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=166613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=166613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}