Weekly US Dollar Technical Forecast: Falling Below Multi-Year Uptrend Support

The DXY Index is mired in a bearish technical quagmire as the fundamentals winds begin to shift to a headwind.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/30OwJOT
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Weekly US Dollar Technical Forecast: Falling Below Multi-Year Uptrend Support

The DXY Index is mired in a bearish technical quagmire as the fundamentals winds begin to shift to a headwind.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/30OwJOT
via IFTTT

Oil Price Rebound Undermined by Negative Slope in 200-Day SMA

The 200-Day SMA ($38.75) undermines the recent rebound in the price of oil as the simple moving average continues to track the negative slope from earlier this year.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/36QDkw4
via IFTTT

Oil Price Rebound Undermined by Negative Slope in 200-Day SMA

The 200-Day SMA ($38.75) undermines the recent rebound in the price of oil as the simple moving average continues to track the negative slope from earlier this year.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/36QDkw4
via IFTTT

Australian Dollar Technical Forecast: AUD/USD Snaps Back from .7000

Despite a post-RBA sell-off from a huge zone of resistance, AUD/USD bulls put-in a higher-low and prices jumped for the final three days of this week.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/34JOv75
via IFTTT