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USD/JPY Intraday: bullish bias above 113.95. Summary: Long positions above 113.95 with targets at 114.40 & 114.70 in extension. Story:
US Dollar Index (DX) Futures Technical Analysis – May 11, 2017 Forecast
June U.S. Dollar Index futures are trading lower and in a tight range. The market is trading inside yesterday’s range which suggests investor indecision and impending volatility. Traders may be waiting for today’s economic data which includes the producer inflation reports and weekly unemployment claims. On Friday, traders will get the opportunity to react to the latest data on retail sales and consumer inflation.Daily June U.S. Dollar IndexTechnical AnalysisThe main trend is up according to the…