View RSS Feed

TechnoMeter

  1. US Dollar Technical Analysis: Daily Correction

    by , 08-28-2018 at 01:59 PM
    The US Dollar is seeing its sharpest pullback after touching technical resistance mid-month at 97. The Dollar Index has pulled back by 2.4% despite hawkish talk from Fed members. The key question on the charts will be as to whether the next move higher in US Dollar will result in a lower-high that is followed by the next big breakdown.

    Name:  dxy-d1-fx-choice-limited.png
Views: 190
Size:  26.7 KB

    As a technically-driven FX trader, the most important development for me to watch is what happens on the ...