September 20, 2018

Big news (technically) for EUR/USD

EURU/USD trading at 1.1744 right now breaking above major resistance levels. A daily close above 1.1730 and higher will be good news for the pair. With […]
July 11, 2018

Dollar remains in bullish trend despite recent weakness

I have been supporting the camp that the Dollar index might have topped and a new decline has already started. My view can be found here.  […]
June 17, 2018

Dollar index contrarian view again

Greetings everyone and wishes for a great weekend. Back in February I was trying to catch a Dollar bottom and reversal to the upside….if you follow […]
May 31, 2018

Dollar ends run and reverses from 95

The Dollar index has most probably topped yesterday as the reversal under way is shaping a very bearish weekly candle. Combined with  the bearish divergence RSI […]
May 9, 2018

Preparing for a Dollar pull back

Back in February I posted in twitter my view that the Dollar index should soon complete a decline around 88 and we should prepare for a […]
February 21, 2018

Dollar bears are going to have a tough 1st quarter

The decline from 103.60 is complete or we need one more new low towards 87 to complete the entire decline. Key level that will cancel any […]
December 18, 2017

The Kobeissi Letter: The US Dollar is Ready to Collapse

This week’s Chart of the Week features DXY (U.S. Dollar Index) after a volatile week due to the Fed’s interest rate hike on Wednesday and more […]
June 22, 2017

Dollar bounced….but

The Dollar index bounced as expected from 97 but has not reached our target of 98.50-99 yet….or it may never bounce that high if the back […]
March 16, 2017

Dollar bullish or bearish?

I have been bearish the Dollar expecting this downward move as I have pointed out through my Dollar index analysis posts through my partnership with InstaForex. […]
March 13, 2017

Forex Monday

Last Friday was an important trading day for the Dollar as we saw a beat from the Non-Farm Payrolls mark another top in the Dollar index […]
February 20, 2017

Forex Monday

Good morning traders…..Last Friday in EURUSD we caught both the top and the lows as I expected a rejection around 1.0670 where the cloud resistance was […]
February 13, 2017

Forex Monday

The Dollar index has made an important low last week. I was expecting a new low towards 98.50-99 but it the market did not deliver. The […]
January 30, 2017

Forex Monday

Good day to all and happy week ahead…..continuing from last week where we left things with Dollar bouncing early on Friday, we saw the much awaited […]