US Dollar Index (DXY) Key Points: The ONE Thing: The approach to 95 on the chart aligns with the long-term resistance of the 200-Week Moving Average and Ichimoku Cloud on the weekly chart. Long-term resistance on long-term charts can help traders get a broad context for what is happening in the market. Additionally, a break […]
To receive Michael’s analysis directly via email, please SIGN UP HERE AUD/USD Daily Chart Technical Outlook: Aussie broke below the November opening-range lows and key support at 7632 earlier in the month, keeping the short-bias in play. Prices registering a low at 7532 last week before rebounding back into former support, now resistance. The pair […]
What’s inside: Silver prices break eyed lower trend-line, but… Remain in major support zone Watching gold closely as it breaks important trend-line, but sits at support around 1300 To recieve Paul’s analysis directly via email,please sign up here. On Wednesday, when we last discussed silver prices, we were sticking with our base-line scenario of seeing […]