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Dollar Larger; Pound, Euro, and Gold Price Charts for Next Week

The Dollar is looking to reassert itself after having undergone a corrective move. The Euro will be the dominating factor in the DXY index, while the Pound’s weakness may continue for a little while longer until a big level arises versus the Dollar under 12700. Gold price moved swiftly lower yesterday with the nudge of […]
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Dollar Turning Bullish; Euro, AUDUSD, Gold Price Chart Set-ups

The U.S. Dollar Index (DXY) has been grinding its way lower back inside a long-term pattern, but despite it failing to hold prior breakout levels the price action suggests it will reassert itself to the upside soon. The Euro has plenty of technical headwinds to contend with. AUDUSD breakdown below 7000 holds the key to […]

US Dollar Weekly Price Outlook: Rally at Multi-year Trend Resistance

Weekly technicals on the US Dollar Index (DXY)- rally vulnerable into slope resistance Check out our 2019 projections in our Free DailyFX USD Trading Forecasts Join Michael for Live Weekly Strategy Webinars on Mondays at 12:30GMT The US Dollar Index rallied through the yearly opening-range highs with price now testing a critical resistance range around […]
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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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US ISM Services Index Misses Expectations in December

Talking Points: ISM Non-Manufacturing PMI falls to 57.6 from 60.7, missing expectations of 59.0. The ISM Services Index miss reiterates investor concern over the pace of economic growth S&P500 and USD continue Friday’s trend The US ISM Non-Manufacturing for December 2018 stumbles to 57.6 from 60.7 in the prior period. The fall in the gauge […]
US Dollar Weekly Price Outlook - DXY to Fresh Highs or Turn & Dive?

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