Resemblence is uncanny. Graph Is self explanotory. gets funnier when you add EMA50- EMA200 Monthly. throughout the history, superpowers are tested. they are tested in terms of their capability of delivering what they have said. a superpower is not a superpower if it does not deliver what it has promised. in 1998-1999 , USA has delivered DXY to 2001 safely....
In addition to the previous simple chart, a better visual... DXY 0.75% Monthly EMA50 has cut EMA200 from below side on 2015 December. That's the moment we have confirmed the uptrend for DXY 0.75% . This uptrend has been set when FED has announced QE is over in 2014 Q3 Dollar Cycles generally lasts long, 5 years. Expensive Dollar, 1992-2001 - and dot.com...
Not a Prof. at audusd, my knowledge is limited, but we have a rejected AUDUSD both in Weekly EMA200 , RSI is overbought, weekly return expected to 50ish. Austrlian Central Bank made its move, DXY ready to swing into 99ish area, weekly RSI to 50ish- it will surely have a toll on AUDUSD. I'd say short until end of September2017 - TP 0.748 area.
i am pretty sure tons of physical gold has been transferred to europe banks during the fight of eurusd xauusd and dxy. golden opportunity for european bankers / comes in once in 11 years... coincidence? i think not.
In line with DXY and EURUSD , XAUUSD will attempt low-lows - during DXY swing into 99ish area. The period for this should be completed until september 2017 / 4th Week/ 1st Week of October, When DXY completes the swing to 99ish, it will be XAUUSD test to 5year-bear trendline. would not be an issue to break 1230s that time to move beyond.
DXY fundemantal is strong (LOW-LOW) EURUSD Weekly - RSI overbought zone. Weekly RSI expected to return 50ish. We are moving into german elections, DXY swing will take us 99ish, While EURUSD will move down, probably 1.10s. Until 24th September 2017 1.21 can be the target for the second fight (where DXY reversal begins in October 2017 back to test...
DXY Monthly EMA50 has cut EMA200 from below side on 2015 December. That's the moment we have confirmed the uptrend for DXY. This uptrend has been set when FED has announced QE is over in 2014 Q3 Dollar Cycles generally lasts long, 5 years. Expensive Dollar, 1992-2001 - and dot.com crisis. Globalization, Cheap Dollar, 2001-2014... Expensive Dollar, 2014 -...