FX.co ★ U.S. Dollar Index (USDX) in Forex Trading

Hello traders! An analysis of the #USDX market on the hourly chart (H1) has revealed a fully formed structure (v) ?Y(4). By applying a multi-timeframe approach that combines Elliott Wave Analysis (EWA), MACD histogram data, and Smoothed Exponential Moving Averages (periods 55, 89, 144), we assess the probability of technical and wave analysis model realization. Based on this assessment, a market decline is expected, which can take on both corrective and impulsive characteristics.