Home » Posts tagged "forex technical analysis" (Page 3)

US Dollar Index 1 April 2010

The dollar index ended yesterday’s trading session with a relatively wide spread down candle which breached the 9 day moving average but found good support from the 14 day immediately below suggesting that this short term reversal is merely a technical pullback and not a...

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US Dollar Index

Following the breakout of Wednesday last week the dollar index now looks poised for a sustained rally higher, and despite Friday’s minor pullback and a modicum of weakness this morning, the stage still looks set for dollar strength in the medium term.  From a technical...

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US Dollar Index 26 March 2010

S Do UIn currency trading it is often useful to look at different time frames and this morning I thought we would consider the 8 hour chart for the USD index which gives us an interesting perspective as we drill down into the dollar index. ...

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US Dollar Index 24 March 2010

Yesterday’s narrow spread up candle on the USD index daily chart once again probed the 81 price point closing well above all four moving averages and suggesting once again that the bullish tone for the dollar remains firmly in place.  This has been duly confirmed...

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US Dollar Index 23 March 2010

The dollar index is delicately balanced at present as it continues to probe the 81 price area once again, a critical level where the index has already stalled twice in the last 2 months.  Last week’s reversal pattern where we saw the 40 day moving...

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USD Index 15 March 2010

The USD index continues to struggle at the current price level with Friday’s relatively wide spread down bar adding further to the short term bearish picture now clearly evident.  Over the last few weeks we have seen the index attempt to breach the 81.50 price...

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