Category: Currencies

Euro futures and ETF 2017-06-17

Since the Dollar index is at an interesting juncture, it makes sense that the Euro would be as well. There is no change to the theme from the last time I posted the Euro charts, just minor changes to levels because of the adjustment for the past contract roll.

Dollar Index 2017-06-11

The dollar has been dropping from the start of this year. Does that mark the dollar high? I think not but do think that the advance is slowing and therefore not expecting dramatic gains.

Euro futures 2017-06-08

Just as I am skeptical that the US dollar has made the high, I think the Euro is near resistance that can take it back down.

Dollar Index 2017-05-17

The Dollar has been dropping but think it is too soon to declare the dollar rally up from the 2016 low to be over.

Watching for a short in the Yen

The modest rally in the Yen that we predicted in our February post has advanced nicely. Now price is approaching the area we have been watching for a downward turn.

Dollar Index 2017-04-17

The dollar is continuing lower in the short term as expected. The reaction to the next support zone should help clarify which of the short term patterns is active.