USD - Dollar Index (DXY) is showing considerable signs of a possible Reversal towards Minor 4 (red) Wave Corrective Sequence.

I would be looking for signs of weakness in Metals (GOLD & SILVER) and a possible Correction before the next bigger rise.

If the analysis would be accurate, then EUR/GBP/CHF/JPY would all weaken against the USD, which could have a Rally and cause the current Trends to change.

DXY 2H Chart (picture):

US Dollar

GOLD 2H Chart (picture):

Gold

SILVER 2H Chart (picture):

Siver

USD/JPY 2H Chart (picture):

USDJPY

USD/CHF 2H Chart (picture):

USDCHF

GBP/USD 2H Chart (picture):

GBPUSD

EUR/USD 2H Chart (picture):

EURUSD

Many pips ahead!

* The above Analysis does not act as a direct investment advice and should be treated as market commentary.

The analysis published by XGLOBAL Markets or its representatives should not be considered as solicitation to trade. Any views, opinions or findings are simple market commentary and only for information purposes. Information in our published content should definitely not be taken as investment advice. XGLOBAL Markets or its representatives shall not be held accountable for any incorrect trading decisions or money lost by individuals that decide to follow our market commentary.

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