Monday, January 26th, 2015

Forex Technical Update 8/3/2010 – Is US Dollar Recovery Imminent?


Forex Technical Update 8/3/2010 Fan Yang, CTA FXTimes The USD is plagued with further weakness across the board. I am monitoring many dollar crosses in order to make sure there is confirmation when the USD does rally. This is like looking at the internal structure of the dollar index. I believe the main crosses to be monitoring are the USD/JPY, USD/CHF, possibly gold, but we also want to see the Euro and Aussie for example cool off against the greenback before considering a comeback.

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