Thread: US Dollar Index

The move was easier to guess....

It'll be interesting to find out what's going to happen today

Hello People,

I've a Query. Since the Fed opened the door for a potential Interest rate hike in June, should this haven't made the USD more powerful? All of the talk beforehand was of the Fed dropping the term 'individual', this occurred, and the USD tanked.... Can somebody explain why the USD fell?

Thanks in advance,
Bullbear

We're approaching two possible climax.

Originally Posted by ;

Hello people, I've a question. Since the Fed opened the door for a potential Interest rate increase in June, should this have not made the USD stronger? All of the talk beforehand was of the Fed dropping the term 'individual', this occurred, along with the USD tanked.... Can someone explain why the USD fell so sharply? Thank you beforehand, Bullbear

For sure, USD is going to be stronger and we'll break both monthly support and parity on EURUSD.

There is two things wich can push euro reduced : Greece and US Interest rates.

Fed was supposed to do it on march, but did not happen.

For the moment, the strong uptrend is declining.

We're possibly at the base for EURUSD. Fundamental will decide if we affirm technical analysis or if we break major supports.

Expecting a bullish move today

Originally Posted by ;

Expecting a bullish move now picture

in the event that you added into your chart 4 flat lines more and 2 trend lines you can notice that USD is moving down and down transfer will probably be accelerated by draghi address.

Originally Posted by ;

quote In case you added into your chart 4 horizontal lines more and 2 trend lines you can notice that USD is going down and down movement is going to be accelerated by draghi speech.

Show your chart

It is like yours..our interpretation differs.

Originally Posted by ;

... USD is going down and down move will be accelerated by draghi speech.

USD crash.

You're right, after a little up movement, go back down, I really don't see any major support right now, we ought to continue lower.

We are breaking current support

I think that the signs indie the return of increasing US dollar might see some declines on Monday, but it's very limited if there