The USD is at 20-year highs after breaking above the 104 barrier which was a show-stopper twice in the last years. The trend is bullish and only a fall back below 104 would threaten the long-term dollar bull. As the next visible resistance dates to the dot-com bubble times, the appetite of longs can remain […]
The dollar index is still up for the month. However, a major exit signal would be triggered in case the market confirms a triple top by falling below 104. + Disclaimer> This post is informational. It is no form of investment or trading advice!
As the USD index looks to have reached a ceiling, the bullish “cup and handle” formation is suggesting otherwise. Time will which scenario will prevail.
USD Index at long-term support source: INVESTING.com Please read the Disclaimer!
DX bullish as long as above 100, with long-term target being around 108 source: investing.com
Dollar Index very likely to retest 100 for the 3rd time source: investing.com
Weakening dollar index in the long-term source: investing.com
DXY still under pressure, which is good for Gold source: investing.com