Waiting on the dollar’s transition to complete

I still feel like I am waiting – like last week – for the dollar to make up its mind. The move higher on the U.S. Dollar Index has found some momentum and near-term support above the October highs, but continuation would mean an uptrend and I’m not convinced that there is enought bullishness for that…yet.

  • sosc77

    Your analysis is, as always, thorough and easy to understand. It is now a staple part of my weekly analysis ! Thanks a bunch Raghee !!

  • sosc77

    Your analysis is, as always, thorough and easy to understand. It is now a staple part of my weekly analysis ! Thanks a bunch Raghee !!

  • artaudo

    This is helping to form a checklist of the attributes we need to see …’a psychology based upon upward momentum,’ from the USD. I think with the crises the we see the EUR facing, we can see some of the USD upward mobility improve. Once again, this helps me to language the U.S. Dollar Index. Cheers!

  • artaudo

    This is helping to form a checklist of the attributes we need to see …’a psychology based upon upward momentum,’ from the USD. I think with the crises the we see the EUR facing, we can see some of the USD upward mobility improve. Once again, this helps me to language the U.S. Dollar Index. Cheers!