Tag: currency trading
US Dollar Strength: Does This Rally Have Legs?
The US Dollar Index (DXY) turned up from a MOB band target around the 101 area.
I am currently bullish the US Dollar and looking...
U.S. Dollar Strength Is Ushering In Market Volatility
The latest rally has me thinking that the U.S. Dollar is embarking on its next leg higher.
And this show of renewed strength (all within...
US Dollar Strength Has World On Edge, Big Test Here!
The US Dollar Index has propelled higher out of a double bottom formation that began in 2008... and nothing has slowed down King Dollar...
Can Anything Slow US Dollar Currency Strength?
The US Dollar is strengthening along side rising interest rates. In fact, both are rocketing higher as inflation takes root and the European economy...
US Dollar Forms Large Bearish Reversal Pattern, Weakness Ahead?
The 2 year rally in the US Dollar Index pushed it up over 109 this month before heading lower.
The action this month has also...
EURUSD Currency May See Further Upside On ECB Actions
EURUSD currency trading is slow for the start of the week due to the holidays in Germany.
The pair, however, may not move much until...
Are US Dollar, Euro About To Upend Financial Markets?
The past several months has seen the US Dollar Index rally once more, pushing King Dollar up to a retest of multi-year highs.
At the...
Euro Currency ETF (FXE) Elliott Wave Trading Outlook (Year 2022)
If you've seen our recent posts about the Japanese Yen ETF and the Dollar Index, you know we're watching for a significant reversal in currencies later this...
Euro Currency In Big Trouble If This Support Fails! (Markets Watching)
There is a lot of economic change/concern brewing at home and across the Atlantic Ocean in Europe right now.
With the war in Ukraine...
US Dollar Overheated, Time For Consolidation (Elliott wave analysis)
Before we enter into a currency trade, we first want to know what the Dollar Index is doing. Having a good forecast for DX...
