After a solid downtrend that broke some significant weekly support zones and market structure, the USD index looks to have found a bottom and is now in correction mode on the daily.
I'm expecting further short-term strength to test the previous structure before DXY decides its next move.
It's not common to trade this index by itself, however, it's a really...
During last week we were tracking the EURUSD correction and wanted to see evidence of buying activity to signal a resumption of the long-term uptrend. We got that around previous support levels and saw a nice impulsive move up.
Then on Monday's FX market scan, we were tracking what looked like a bull flag on the smaller timeframes, and a potential head and...
