Trade Currencies? ..You've got to love the Dollar Index

If you didn't understand the Dollar Index setup i shared with you the last time, you should understand this $2,500 play out. But incase you are unable to relate to any of these, i urge you to check out dollar strength across board since Dollar Index broke above this trend line.

Gotta love Dollar Index!

Comments

GOLD Is Set To Rally

OIL TRADE

Having now completed my expected pattern, I think the time is right to start scanning for a possible shift to the upside

Where is the EUR$ heading?

The EUR$ trend is just about being defined. It would be alot more easier to upload an update for EUR$ chart after NFP. But considering price proximity to the defining trend line, i thought it just might be okay to drop this update today. This is a typical trend line retest and should be an easy trade... wait for a confirmation of bullish momentum if trend line is taken to the upside, otherwise look to take a short signal on re-test. Happy Trading!

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