Dollar Index update - 1 October 2024

Macro Updates Oct 1, 2024

You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.

US Dollar - upside reversal sequence started?

If you have been following Macro Outlook notes you will know that we had been stalking a major cycle low (40 week cycle trough) around 100 and around the current time period. Things are starting to shift in the current session, so we thought an update would be in order.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.