US Dollar Forecast 1-10-11

I commence with my gratitude to The All-Knower

US Dollar Proshare UUP

I have just looked at the US dollar basket index symbol: DXY.

US Dollar is set for a massive rally.

It has been building a base for the last 2 years. Is it coincidence? I don't think so, as there is organised rythym in the financial markets. Dollar took from October 2010 to January 2011 to create the left shoulder of the base. And then, it just completed it right shoulder (in January 2012), which it started building from October 2011. It just cleared the cup-handle or neckline above the right shoulder.

US Dollar Index Forecast 1-10-12

Dollar shall rally for about 4-5 weeks then have correction for 1.5-2.5 weeks, thereafter experience a strong rally of at least 8 weeks.

What does it mean for the STOCK MARKETS and Precious Metals....!!!??? 

$86.40-$87.45 area is the first target

EURO, GOLD, and US Dollar Index Forecasts & Analysis

I commence with my humblest gratitude to The Most Benevolent, for the gift of the knowledge and ability to share it.

US Dollar Index Forecast Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of All known, unknown, hidden and obvious, All Praise and Infinite Glory are Exclusively and Entirely for His Graciousness and Benevolence for blessings and ability to share the blessings of knowledge

I had posted this forecast of Dollar Index on May 14, and the Dollar Index stopped right into the zone as indicated on the time cycle dated May 19, then it tried again on the next time cycle dated May 26-28

According to this price and time cycle, Dollar has put in intermediate TOP. It is DONE for now, with God's Willing.

US Dollar Index Forecast

I commence with gratitude to The Most Gracious, The Ultimate All-Knower of hidden and obvious, for blessing me with gift of knowledge and ability to share.

I have been requested several times, to analyze the dollar index. It seems very appropriate at this time, when whole financial system appears to be collapsing under the Western Countries's debt. Euro, which at one time, was at 1.5 time the par with US dollar and now, it seems as if it's gone totally opposite direction. It may very well, be worth at par with one dollar, may be within weeks from now. But I am not betting my house on it, as US dollar has no fundamental and time cyclic support. Just because, US dollar is the only the sign of hope (ye, right! ;-)) for big investors to stash their investments, for NOW. However, in the face of dropping like a rock Euro, USD is trending higher for certain up targets. see the enclosed chart