Intro The Dollar has finally broken below the support level of $101.2. This level has held since January of this year and is also the 50% Fib level if we measure the retracement from January 2021 to the high in September of last year. DXY appears very weak on the chart, and bears look to Read More…
Overview It has been a while since we looked at 6B futures. Just like most other currencies, they are gaining grown against the Dollar. Pound traders that went long at the start of the year are up while the bears are struggling. Technical analysis There is an ascending triangle forming on the daily chart. This Read More…
Introduction Today we look at the Dollar index because it has a widespread effect on all markets. Generally, when the Dollar rises in value, stocks fall, and vice versa. It also drastically affects the Oil and Gold charts. Let us take a look at the technical formations that can give us a better idea of Read More…
Technical analysis The bulls are in control as the Dollar weakens. The Euro is strengthening, and it’s evident on the chart. Price has tested the zone within the gaussian channel and has bounced successfully out of it. This is a good sign for trend-following traders who wish to go long the Euro because the trend Read More…
The latest in futures trading as the Euro sees a 14% increase against the dollar. How market analysts anticipate the Federal Reserve’s interest rate policy. Dollar weakness to affect future trends in 6E futures. 6E Futures surge 14% since September The Euro has seen a significant increase of 14% against the dollar in recent months. Read More…
Recent inflation trends mean the Dollar is weakening and the Pound is strengthening The world bank is calling for a recession this year Bulls are in full control as they target the point of control level at $1.3 Fundamentals Driving New Price Discovery With the recent inflation showing a reversal in trend, we are seeing Read More…
