JOSE ANGEL ZABALEGUI LABARTA @Analisisciclico: "$USDOLLAR - TIME TO RALLY..."

Spain

$USDOLLAR - TIME TO RALLY - PRICES DEVELOPING ABOVE THE 80 DAY CYCLE FLD SINCE FEB 25 Continuing the previous post, dollar is accumulating evidences about a 40 week cycle trough has formed in early July, probably, the most important is that prices has surpassed the 80 day cycle Future Line of Demarcation and that prices has found support in the area of this FLD, recently. Once say that, and one we are close to form an intermediate 80 day cycle trough, it is time to show up pressures. The key question is what to expect in terms of strength, but previous clues is telling me that it will probably be counter trend because of larger term M-shape which is showing down trend signals, in any case it is early to discuss. I will use the $EURUSD next 40 week low formation (obviously it is showing inverse commonality with dollar) for determining the end of this new up phase for dollar and then discus what is going on. In the image, a daily USDOLLAR analysis regarding price interaction with the 80 day FLD. These are 8 labels from "a" to "h", in the image I show the end of previous cycle and now the new one where a "b" sequence may be ending so now expecting the "c" one. Good luck and thank you, again, for your confidence José -------------------------- eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk ::

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USDOLLAR

EURUSD

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