The US dollar index on the daily chart, continues to struggle in the 79 to 81 price region, as once again yesterday’s price action closed below all three short term moving averages, but with substantial clear water to the 200 day moving average below. This failure to break above the 81.50 price point is now [...]

The dollar index continues to trend higher, and despite yesterday’s modest fall, still remains firmly established above all three moving averages, and perhaps more importantly now well clear of the 200 day average which has now been crossed by the 40 day. Whilst the candle closed lower on the day with as a relatively wide [...]

The US dollar index ended on Friday with a distinctly bearish candle for currency options trading on the weekly chart, following the poor NFP data which saw a loss of 85,000 jobs in the US economy for the month. Many analysts had been forecasting a small increase in jobs created, and as result sentiment towards [...]

At times of great change I always feel that it is more valuable to take a longer term view of the markets for currency options trading, and with so much talk of a resurgent US dollar, I thought it would be useful to look at the monthly chart for the dollar index, which reveals in [...]

The US dollar index continued its short term recovery on Friday, emerging from the depths like some half drowned swimmer, exhausted but still alive, and just managing to break the surface for air, or in this case the 40 day moving average, supported from below by some buoyancy tanks knows as the 9 and 14 [...]

For currency options trading, the slide in the US dollar index is remorseless and unrelenting, with the 9 day moving average bearing down heavily on any attempt to turn higher, and with the strong resistance level now firmly established above the 76 price point, there is little in the technical or fundamental picture to suggest [...]

Life continues much the same for the US dollar index, and the US dollar for currency options trading, which seems to show no sign of pausing or reversing the long and unrelenting downwards trend, and in many ways trading is very easy at present, with only only one question that we need to bear in [...]

With the markets closed in both the US and Japan yesterday the dollar index responded by continuing to try to find a platform of support from which to provide a base to rally and reverse its current, long, slow decline.  The 76 price level on the daily index chart seems to be providing a degree [...]

The technical picture for the US dollar continues to get worse with each passing week, with the last five days simply adding to the gloomy picture, and suggesting that last Thursday’s positive up bar, was simply a one trick pony, and unlikely to provide any platform for a sustained recovery in the short term. Indeed, [...]

The usd index received a mild boost yesterday as the forex markets continued to absorb the detail from the FOMC meeting of Wednesday, with the index closing with a wide spread up bar ending the currency options trading session marginally above both the 9 day and 14 day moving averages. Clearly this is a positive [...]

Latest news on video for currency options traders this week, starting as always with a look at the US dollar index, which provides an excellent guide for currency options traders. Following the recent bullish rally we are now approaching key resistance areas on the daily chart, but a break above here should see the US [...]

Currency options trading fx options weekly outlook on video covering all the major pairs and including the weekly US dollar index which looks increasingly bearish on the weekly chart, and could now go all the way back down to the 72.50 price level in the next few weeks. You can keep up to date with [...]

This week has proved to be particularly difficult so far in trading both the currency options market as well as the spot market, due partly to the lack of fundamental news on the economic calendar, and coupled with the long weekend ahead, with many traders closing positions early, and the markets in general trading on [...]

With the raft of economic and fundamental news due for release this week, along with the G20 summit in London, and the Non Farm Payroll figures on Friday, trading currency options provides a safer and more balanced approach to trading currency, than simply opening long or short positions in the spot market. Used on their [...]

This weeks latest video on the outlook for currency options, starting as always with a look at the weekly chart for the US dollar index. The daily chart for the dollar index also provides a different perspective for your currency options trading, with the US dollar weakness continuing in the index this week against the [...]

A weekly view of the currency options market for the major currency pairs, and as always starting with a look at the US dollar index.

We start the week again as usual by taking a look at the performance of the dollar index, to provide the guidance for our currency options trading for the week ahead.

We start the week again as usual by taking a look at the performance of the dollar index, to provide the guidance for our currency options trading for the week ahead.

The weekly currency options outlook on video for the week of 23rd February, and as usual we start with a look at the weekly chart for the US dollar Index.

A negative week for the dollar index which saw the index fall below 85 on the daily chart and marginally breaking below the 40 day moving average which is now poised at an interesting level.  In this morning’s early trading the index has moved below this average suggesting a possible continuation of the recent negative [...]

The dollar index stalled last week pulling back from its recent strong performance and traded marginally lower each day in a series of small, downwards steps.  Friday’s price action found support from the 14 day moving average but in today’s early trading the index has broken below this key level suggesting that we may see [...]

Friday’s wide spread up candle on the daily dollar index chart propelled the US dollar against a basket of currencies, finally breaking out of the recent pennant formation which had been forming in the 87 price area.  Friday’s break out is significant as it signals a reaffirmation of bullish sentiment on the daily dollar index [...]

In a holiday shortened week and against the backdrop of yet more depressing news for the Euro the dollar index has continued to struggle at the 87 price handle and where the recent price action has resulted in a series of doji candles of varying sizes and hues.  The most positive signal for the index [...]

The dollar index continues to remain bullish and despite yesterday’s modest pause in the 87.25 region the long term outlook still remains positive.  This was further evidenced yesterday with the low of the session finding solid support from the 9 day moving average.  This is further confirmed by all four moving averages on the daily [...]

The dollar index continues to trend higher with yesterday’s up bar closing back above all four moving averages once again and with the low of the day finding solid support from the 14 day moving average.  In today’s trading the index has pushed higher once again it attempts to break above 87.46 where prices have [...]

The bullish momentum for the dollar index remains firmly in place despite last week’s temporary reversal which saw the index first break above 87 and subsequently pullback to 85.50 on Friday.  However, Friday’s price action closed with a doji candle which found solid support at the 14 day moving average suggesting this reversal is only [...]

The dollar index has continued to surge higher, much as expected, and following the breakout above 82.50 which occurred earlier in the month.  Friday’s widespread up bar further confirmed the bullish tone for the dollar, closing and holding above the 86 price point and further reinforced in early trading with the index touching 87 before [...]

The bullish momentum for the dollar index appears to have stalled in the past few days, as we hover marginally below the psychological 85.50 price handle on the daily chart and for momentum to be renewed we need to see a break and hold above this price point in due course.  Technically the signals are [...]

Despite last week’s market turmoil the dollar index continued to trade in relatively calm waters, climbing steadily throughout the week and closing marginally below the psychological 85 price handle.  As a result the bullish momentum remains firmly in place for the US dollar, well supported by all four moving averages and particularly from the 9 [...]