CRInvestor
Long

US Dollar Index - at a cross roads

ICEUSA:DX1!   U.S. Dollar Index
92 0 0
The US dollar index             has enjoyed a nice rally through the better part of the Obama administration and that should be expected during any Democrat US Executive branch's term. An extension of the 1st administration's ( US dollar             bullish/commodity bearish ) policies should be expected over the coming few years. It is no surprise then to see the US dollar index             has rallied up into a significant harmonic battle zone and (at the moment) it has the proverbial wind at its back. Considering the broader commodity market's rather bearish posture of late, a rather sanguine global economic outlook and pending seasonality issues, a continuation of the resent bullish double bottom price action (where one should be long from roughly 81.80) wouldn't surprise me in the least. A push through last fall's peak (84.245) will confirm a longer term bull ab=cd price pattern which suggests an ultimate target near 90.00 on the index.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out