Cycle Trading

I want to sart off tonight looking at the dollar index compared to the Australian dollar.

Generally speaking , it appears that they are involved an inverse relation.

Now lets take a closer look at the AUD on a daily chart.

The AUD printed a 16 day right translated daily cycle on 1/18.

The new daily cycle peaked on day 1 and has been in decline since.

Monday was day 30 and it certainly appears to have printed a reversal.

Now looking at the dollar we see that Monday was day 21 for the daily dollar cycle.

The dollar is in the timing band to print a daily cycle low.
Any swing high here will likely begin the daily cycle decline.

Flipping back to the AUD it appears that it is at a point of inflection on the weekly chart.

This is week 21 of the intermediate cycle.
The AUD is in the timing band to print a weekly cycle low.
And there is a Bollinger Band Crash on the weekly chart.

Since a lower low was established today, the earliest a weekly swing low can form will be next week.
And that may very well mark a new intermediate cycle.

Will a new intermediate AUD cycle signal the top is near for the DXY ?

The dollar is on week 5 of a new intermediate cycle.
After 4 straight weeks up, the dollar is due for at least a breather.
The dollar is in the timing band for a daily cycle decline.

But if the AUD begins a new intermediate cycle, that could signal a weekly cycle peak for the dollar.
Weekly cycles that peak before week 8 are generally left translated cycles, that have a likelihood to fail.

That would leave 10 plus weeks for the dollar to seek out an intermediate cycle low.