Dollar Index: Hurst Cycles - 28th Jan 2022

DXY | Phasing Analysis Update, Outlook & Trading Strategy

Jan 28, 2022

∙ Paid

Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality

Phasing Analysis

Long Term

Components greater than and including the 18 month nominal cycle

Medium Term

Components less than and including the 18 month nominal cycle

Short Term

Components around the 80 day nominal cycle

Summary

The Dollar Index moved from the 80 day nominal low around 94.6 on the 14th of January, hitting our target of 96 described in the last report on the 17th January. In that report we noted that the 18 month nominal peak was likely established due to the cross of the 20 week upward VTL and we should expect a rally from the incoming 80 day nominal trough: