usd index uptrend cycles

USD UptrendsPrice-adjusted Major Currencies Dollar Index -- Monthly Index (FED Data)We can see from the above chart that the USD Index has further room to appreciate, judging from historical price patternsThe previous two multi-year USD upward trends lasted for :- 76 months for the uptrend started in Oct 1978, for a total appreciation of around 60%- 81 months for the uptrend started in Apr 1995, for a total appreciation of around 49%We are currently (June 2015) in month number 46 of the uptrend started in Jul 2011 and we reached a maximum appreciation of 33% in month number 43 (March 2015).Also, as can be seen from the chart, we are currently in an area where corrections usually occur (time wise). Thus:- for the uptrend started in Oct 1978, a correction of 8% occurred between months 47 and 50- for the uptrend started in Apr 1995, a correction of 10% occurred between months 39 and 44Consequently, time wise, we should have at least another 30 months of USD uptrend ahead and another 15% (at least) appreciation.Based on this and on the fact that USDJPY has already played a large role in the USD's appreciation (percentage wise), then European and commodity currencies should bear the major brunt of further USD appreciation. This should take : EURUSD towards 0.90, GBPUSD towards 1.35, USDCHF towards 1.15 and AUDUSD towards 0.60.

- EURUSD towards 0.90 (currently 1.1350, with potential to go to 1.18 before lower)- GBPUSD towards 1.35 (currently 1.5850, with potential to go to 1.63 before lower)- USDCHF towards 1.15 (currently 0.92, with potential to go to 0.89 before higher)- AUDUSD towards 0.60 (currently 0.7750, with potential to go to 0.80 before lower)Enjoy the USD uptrend for another 30-40 months and prepare selling it afterwards!