Dollar Index Getting It Together Again

Dollar Index Getting It Together Again

From the more 'recent' highs in the dollar index  back in June of last year, down to the following lows in December of last year, the dollar rallied back 50% and in January of this year found resistance…which also coincided with the 200 day moving...
EUR/USD At Support Level

EUR/USD At Support Level

The dollar rallied further yesterday, bringing the EUR/USD back down to a multi-year trend line.  In early April the dollar pierced through a downward sloping trend line near 1.42 at the time and now is retesting these levels.  While this could provide some...
EUR/USD At A Potentially Important Point

EUR/USD At A Potentially Important Point

First blog post of the day here for me, so let me make it a quick one. See the chart below…the EUR/USD is at a three year downtrend line (resistance?).   I have no bias as to the next price move  here but that is not the point anyway…I am much...