DXY: maybe a Wedge not Bull Flag?

I have previously looked at the US$ index as forming up within a Bull Flag but recent price action suggests another possibility here now. Read on! DXY monthly: I’ve previously lo …
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US$: still trapped heading into a big data week

The US$ index remains trapped between key S/R levels as it heads into a week with lots of US$-sensitive data. USDX daily: the bearish H&S is still in play here so watch the Sh …
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Silver: SI, SLV & SIL

Silver is up testing multi-month trend lines on a number of fronts and might be worth watching for any continuation move. In this post I show charts of Silver (SI), the Silver ET …
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FX: H&S still visible on US$

The failure of the US$ to break back above the daily Cloud and 102 resistance level is keeping the bearish H&S pattern alive for the time being. This US$ weakness has helped to …
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FX Radar for Wed 22nd

US$ strength shaped much of yesterday’s FX movement and a number of 15 min chart trend trades were triggered during the Asian session. The US$ index is getting close to a make or …
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FX: lots of indecision weekly candles

Last week: Trend line breakout moves continue to offer profitable trading opportunities but there were fewer that triggered last week compared to previous weeks. Yen strength cha …
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US$: 100 & 102 still in focus

The US$ and EUR$ indices have both closed with indecision-style weekly candles so, if you’re struggling to pick a decent trend at the moment, then that probably helps to explain …
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US$ stalls despite upbeat US data

The US$ has stalled despite a night of upbeat US CPI and Retail Sales data. Whether this was due to the weight of technical resistance just above current price or from the cautio …
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TC Algo & the ASX-200

My TC algo is working quite well on the 15 min time frame with stock index charts and especially on the ASX-200. Since last Friday there have been four successful, that is profitab …
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FX: lots of trend lines still in focus

The US$ has strengthened overnight but many currency pairs continue consolidating within 4hr chart patterns; the USD/JPY and AUD/JPY being two exceptions though. At least this give …
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