Wednesday, January 15, 2014

US Dollar Index (DXY)


This is my first analysis for the US Dollar index.

The US Dollar rallied up in the early asian session today (Wednesday), Recovering over 50% of the drop from the NFP report on Friday.

  • If this level holds, which technically shows good support area, then we may see it play back in the ranges from last week
  • Daily chart shows bullish momentum.