19 years in trading
I have chosen the US dollar index to show you this, because of the importance of the same in the market. But it’s the same thing in all currency pairs, commodities, stock market indices… You probably think now, hey what the hell is this, right!? But, if you look closely, you will see the highest importance of the SR levels and trend
Read moreUSD index is moving true the up trend daily channel from December, with strong support at 97.00 and solid resistance from 99.20 > 99.60. In the beginning of December it touched 100.50 after wich has sharply fell back to 97.70 in just one day. Since then, the bulls have take over the 97.20 level, at outer weekly trendline and manage to build
Read moreI am following weekly charts in the last couple of days because of this. As You can see, the US dollar in on huge test here. For now, only USD/JPY have a possible breakout, but still not confirmed, it’s Wednesday. All others; EUR/USD, GOLD, USD index are still in range, bellow resistance or above the support. Take a look, it’s very
Read moreStrong week for the US dollar, the best in the last 5 months. At first, strong weekly trendline stop the fall and pushed the usd in the middle of October from 93.80/94.00, after wich the stong return was inevitable in the previous week after Mr.Draghi. In the previous week the index has broke all resistance areas easy in only two days and reach
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Forex Trader 