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The US Dollar Technicals

This blog post it's a continuation from last time I talked about the US Dollar, but in the meantime I wrote an Article talking there in more details about this issue, go check it out here: US Dollar Macro and Technical View
It's not unrealistic for the dollar to continue rallying as there have been other instances in the past in which case the dollar rally has extended past 50% mark (see Figure 5). Actually the dollar trade weighted cycles tend to last on average 8 years and we ha…
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US Dollar Index Target Hit

I just can't believe I'm already out from the Trader Contest, but unfortunately I blow up my chances for this month to catch any top rank. However I'm glad to see the return in volatility, when you have day with +200 pips in EUR/USD you just can't ask for more.
During this past year I really anticipated a lot of big swing movements, and one of those great call is definitely the US dollar bullish trend.
On my last update on the US Dollar trend I've give you my first target on DXY to be 83.…
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Shalomavahatikvah avatar

Can't argue the strength of this blog or the USDI. All the strength indications are there. Little bit overheated so a nice pullback would present nice buying opportunities. Nice anlysis!

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US Dollar in the Spotlight

Through the entire year I've been preaching that soon we may see developing the broad based US dollar bullish trend and it may be the case that the Dollar has already started shifting direction. But at the same time we need more time for this bullish US dollar sentiment to gain traction and have a well constructed trending market.
For more reference you can check out my previous take on US Dollar here: …
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