February 2017

After an inside bullish bar the Dollar Index has continued the rally over the passing week approaching an area of important resistance, the LLBH (Last Low Before High) set 8 weeks ago at 101.95. The reaction with the gap down took away all gains since the beginning of the week, but last Friday closed rather Read More

 The Dollar Index closed the passing week with a bullish bar but an inside bar. On the Quarterly level, we are testing back (from above) the most important down trend line for the past two years Taking out the Weekly High might cause the price to rally towards the 101.7-102 area, where the most important Read More

The Dollar index has ended the passing week with an upthrust (false thrust up), and a thrust down. The Monthly bar of January ended as a bearish engulfing bar, but pay attention that it has penetrated deeply the upper Bollinger band, and did it after 2 successive penetrations before. So for the midterm the picture Read More