Today's focus: USD Index
Pattern – Nill
Support – 105.00 - 104.45
Resistance – 105.10 - 105.55
Thanks for checking out today's update. Today, we have run over the USD Index, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The USD index sits in an interesting spot with the FOMC to come....
On an hour chart eth is starting to look a little stronger going into the weekend. This could be a sign for a partial recovery next week with people speculating on what the US government executive order will mean. At this point this could drive it either way but after the latest downturn, investors are looking to go long.
Before every week of trading , I like to sit down and check out what the markets will be doing this week , and how I can ease into the earlier part of the week without losing money.
The Us Dollar is the perfect currency because we have several major components at our finger tips. the Dow (above) is the first one we will talk about. This week the Dow is moving...
