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To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11740, 11653, 11513 Resistance:11791, 11888, 11983 The Dow Jones FXCM US Dollar Index continues to look vulnerable as a bearish Evening Star and negative RSI divergence warn of oncoming losses. Read More

Investing.com – Investing.com – The dollar edged lower against the other major currencies in quiet on Monday, but losses were expected to remain limited as Friday’s strong U.S. jobs data continued to support the greenback. The dollar remained supported after the Labor Department reported on Friday that the U.S. economy added 257,000 jobs in Read More

Investing.com – Investing.com – The dollar held steady against the other major currencies on Monday, after rallying over 1% on Friday as strong U.S. employment data fuelled further expectations for an upcoming U.S. rate hike. The dollar remained supported after the Labor Department reported on Friday that the U.S. economy added 257,000 jobs in Read More

SINGAPORE: The dollar index faces a strong resistance at 95.533 and may continue to hover below this level or retest support at 93.776. Resistance and support are identified respectively as the 138.2 percent and the 123.6 percent Fibonacci projection levels of an upward wave 3, which Read More

For the first time this century, the dollar is poised for a multiyear surge against the rest of the world’s currencies. For now, that is due to the divergent economies and monetary policies of the U.S. and eurozone. But if this global realignment eventually fuels the kind of economic and political tensions that arose in Read More