The U.S. currency and economy has strenght on his favour. A triangle is formed on Dollar Index, the rupture of the main resistance is near, correlated to the rate hike decision by the FED. Nobody knows how long the dollar will move into this triangle, and nobody knows when the FED will make that fateful decision. We can only wait, with the sell button in the...
In the coming weeks a little uptrend is very presumable. Although fundamental and technical analysis said the opposite. My vision is confirmed by:
Chinkou Cross
Tenkan/Kijun Short cross
55SMA with a dynamic resistance behaviour
Kumo Opposing resitance to the Uptrend
Has anyone already wrote the letter to Santa Claus?