Usd Index found a clear bottom on 92 zone and the first leg up followed that drove the index to 93.50-94.00 resistance zone. Now the index corrected some of this first up-leg and, in my opinion, more gains will follow fo USD. I remain bullish as long as the price stays above 92.50 zone and I will look for short opportunities in GbpUsd, AudUsd, NzdUsd and EurUsd
USD INDEX SELL ZONE 100.50 AND 100.85 POINTS STOP LOSS: 101.20 TP1: 99.65 TP2: 98.80
Me again! As my analysis has done before, I post my next analysis for USD Index. Please keep follow it. Bye bye :D
From the 2008 bottom, Usd Index has been trading mostly up and now is trading just under strong resistance that lies at 103-104 zone. Considering the global concerns and Usd safe haven status I expect this resistance to give up and to have a dollar strength dominated year. In the long run (one-one and a half year) a 20% increase in Usd value is not out of the...
There have been 2 great weeks for the Us Dollar, with the index rising about 7 percent. After the index touched the 95 zone 2 weeks ago, the index reversed aggressively and put on a big bullish engulfing from this support. This week the index passed and closed over 100 psychological resistance and is trading at 101.95. I expect this bull run to continue in the...
USD Index. making tripple top, bearish divergence formed while price moved upside with low volume. professional done profit taking by both side closing long and short positions. no more interest upside by large speculators.