Looking at the charts DXY is primed for another move up. With continued uncertainty in the EURO zone and EOM balancing next week should see some resumption of the overall trend. Trading mainly eur/usd on this one looking for a sell position between 1.0580 and 1.0600. Likely test new lows in June. FX:EURUSD
Traders that ignore the basics end up getting burned. The trend here is to the south and has remained for some time. Could see some retracement coming into the end of the week but I wouldn't expect values above 1.10. A break above within the next few weeks would require changes in Ukraine or federal reserve mindset. For now, we will trade sideways and continue to...