Nothing shows up during my weekend chart screening. I decided to have a look at Dollar index(NYBOT:DX) to get a feel of over all trend direction. I am looking at the possible move into the zone of 82~83 before downtrend resumes. In other words, I might be looking at a stronger dollar for the coming week.
I am still with my previous call of weaker EURUSD. Short setup is still valid. Let’s see how it develops in the coming week.
Here is the CHART of Dollar index
More about CHART and Triangle signal.
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Hi,
The dollar condition is decreasing. I hope so the economy gets stable soon. The trade suppliers looking for the conditions to get better for further investments.
Hi,
The dollar condition is decreasing. I hope so the economy gets stable soon. The trade suppliers looking for the conditions to get better for further investments.