US$: survives 95.50 again!

The US$ has closed higher for the week helped by the decent jobs added and wages component of Friday’s NFP. Both indices remain range bound on their weekly charts though and, wit …
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US$: bad week at the office

The US$ had a bad week with bearish flow coming after FOMC, the BoJ meeting and then US GDP data. The index ended back down near a major S/R level but, whilst next week heralds th …
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US$: seems to have 100 back in its sight!

The US$ has continued its march higher and looks to have 100 back in its sights. There is some technical resistance coming shortly from the top of the weekly Cloud but, it it clear …
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USDX & EURX: both green for the week

The US$ and EUR$ index both closed higher for the week continuing the divergence I’ve been noting in recent posts. The irony being that this positive correlation on the indices, …
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US$: next path still not clear

The US$ index has closed the week out of the recent trading channel and above the 95.50 BUT with an indecision-style ‘Inside’ candle. I don’t think US$ Bulls can get too ex …
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US$ enjoys ‘Flight to Safety’ but just doesn’t fly too far!

The Brexit result triggered the anticipated ‘Flight to Safety’ move into the US$ but the rally faded a bit into Friday’s close. This shift has triggered the FX indices into …
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FX Indices ahead of the Brexit vote

FX Indices: both indices closed with bearish weekly candles ahead of next week’s Brexit Referendum vote highlighting the challenges traders face trading during this contentious p …
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US$ finds some support ahead of FOMC, BoJ and Brexit Poll

The US$ has bounced up off some technical support late last week and this was conveniently assisted on Friday by a bit of a Brexit Poll-inspired ‘risk-off’ shift. With FOMC a …
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US$: not out of the woods yet

The US$ received a boost on Friday from from some Yellen US rate hike comments but it hasn’t cleared all of the technical barriers in its path. Next week brings a lot of economic …
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Bullish US$ talk but its got work to do!

I’m reading talk of how the US$ is being lifted due to expectation that the Fed will soon raise US interest rates. However, from a charting point of view, the US$ is facing a few …
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