Tuesday, November 12, 2019
Dollar Index Dramatically Improves To Test Key Midpoint
The US dollar jumped last week after failing near the October low, marking a base in the process. The subsequent move up has retraced half of recent weakness and potentially highlights a (weekly chart) higher low. More importantly, the latest strength exposes key trendline resistance (monthly chart).
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While all eyes will indeed be glued to next week's Federal Reserve's statement and press conference on Wednesday, those viewing thro...
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In what was perceived as a hawkish pause by the FOMC, fell on deaf ears shortly after the statement by the Federal Reserve was released Wedn...
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Oil futures plunged back below 70 as traders returned from the holiday weekend. After taking out the psychological 70 threshold, bears manag...