Archive for August 26th, 2011

Confirmed Short-term Signal: US Dollar Index Cycle Analysis

Confirmed Short-term Signal: US Dollar Index Cycle Analysis

| August 26, 2011

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Short-term Forecast for August 26, 2011

Short-term Forecast for August 26, 2011

| August 26, 2011

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US Dollar Continues Test of Trading Range Support

US Dollar Continues Test of Trading Range Support

| August 26, 2011

The US dollar index closed sharply lower today, moving down toward the lower boundary of the trading range from early May. Technical indicators are moderately bearish overall on the daily chart, favoring a break below trading range support in the 73.50 area. A confirmed breakdown would signal the likely resumption of the long-term downtrend and [...]

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