Hello everyone,

I keep worrying these days, whether my previous conclusion that USDX hit bottom is wrong, it is possible now, and I have found the pattern near 2007 GFC.

Because I didn't find USDX chart in Dukascopy, I use charts from Chinese Wenhua. Forgive me if Dukascopy has USDX chart, it is helpful and I think it is better to be available in JForex, it can be non-tradable,

The conclusion is, although I believe USDX may rally higher than 91.002 in short term, it may break 88.240 later, the trail is drawn in the chart, the white lines is from one calculation, and yellow line is from other calculation. When lower support (84.734, 86.587) is broken, there may be another crisis, although I think it should be smaller than GFC.


S = 121.02
A = 99.49
B = 91.88
H = (A+B)/2 = (99.49 + 91.88)/2 = 95.685 , the middle point of AB is near one half of S-T2

S' = 103.82
A' = 95.15
B' = 91.002
H' = (A' + B')/2 = (95.15 + 91.002) / 2 = 93.076

Calculations for white lines:
T11 = 80.38 = A - (A-B)*m = 99.49 - (99.49 - 91.88)*x
x = 19.11 / 7.61 = 2.511
T21 = 70.698 = A - (A-B)*y = 99.49 - (99.49 - 91.88)*y
y = 28.792 / 7.61 = 3.783

T'11 = A' - (A'-B')*m = 95.15 - (95.15 - 91.002) * 2.511 = 84.734
T'21 = A' - (A'-B')*y = 95.15 - (95.15 - 91.002) * 3.783 = 79.458


Calculations for yellow lines:
T12 = 80.38 = S - (S-H) * m = 121.02 - (121.02 - 95.685)*m
m = 40.64 / 25.335 = 1.604
T22= 70.698 = S - (S-H) * n = 121.02 - (121.02 - 95.685)*n
n = 50.322 / 25.335 = 1.986
T'12 = S' - (S'-H') * m = 103.82 - (103.82 - 93.076) * 1.604 = 86.587
T'21 = S' - (S'-H') * n = 103.82 - (103.82 - 93.076) * 1.986 = 82.482

Thank you for reading,
Good luck.
Перевести на Английский Показать оригинал