Last post: April 14th 2019. See chart.
Review: Price was bullish but trading in consolidation.
Update: Price has now broken out of consolidation suggesting a bull trend continuation.
Conclusion: We do not trade this but look at this a guide to trading the USD pairs. If price continues towards 100, then we will look to place trades on the best looking USD...
Last post: June 16th 2018. See chart.
Review: Price was faced with the weekly 200SMA acting as resistance at circa 95.
Update: Price is trading above the weekly moving average but has remained in consolidation.
Conclusion: Waiting for a breakout above the March 2019 high.
The US Dollar Index (USDX, DXY) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of US trade partners' currencies.