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Reading: dollar elliott wave counting for CAPITALCOM:DXY by Sangam-Agarwal
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dollar elliott wave counting for CAPITALCOM:DXY by Sangam-Agarwal

Last updated: July 2, 2025 7:55 pm
Published: 8 months ago
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dxy is falling since it peaked in Q4 2022

since their last 75bps hike dollar is constantly falling and stocks, gold, bitcoin constantly rising and making new all time high

wave W = wave Y

(equal in length, 100% projection for wave Y)

since starting of the year due to trump tariff dollar is falling

this is year in first half dollar saw biggest collapse since end of gold standard

now 100% projection target for wave Y at 95 area is big static support level

if dxy recover back to 100 area then this will be first sign of reversal

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