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EURUSD and Dollar Index (DXY) Charts Again Nearing Potential Turning Points

EURUSD, DXY Technical Highlights EURUSD trading down into significant support DXY index nearing top of ascending wedge Volatility environment favors a fade here soon For longer-term trading forecasts, educational material, and other helpful tools, check out the DailyFX Trading Guides page. EURUSD trading down into significant support The Euro trading lower the past week-and-a-half has […]
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DXY Index Falters as Uptrend from September Low Breaks

Talking Points: – The initial bout of optimism regarding a potential ceasefire in the US-China trade war appears to already be fading, as market participants can’t seem to nail down what real progress was made over the weekend. – With the G20 summit out of the way, attention is returning back to domestic economic issues […]
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DXY Index Awaits US-China Trade War News from the G20 Summit

Talking Points: – Financial markets have been active in the second half of the week, thanks in part to a speech by Fed Chair Jerome Powell and the release of the November FOMC meeting minutes. – All of the goodwill priced-in over the past 48-hours hinges on progress to relieve tensions in the US-China trade […]
US Dollar Weekly Price Outlook - DXY to Fresh Highs or Turn & Dive?

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