GBPUSD vs. USD Index: 3-2-1- Start!

Hello guys,

we compare GBPUSD and USD Index. If resistance level on USD Index (96.50) stops the bulls, it will be the case for GBPUSD to jumping up. Let’s go!

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USD Index: Do you think you can fool me?

Hello traders,

we present USD Index short weekly review for the nearest future.

ForexTeam still think that USD Index is under bears pressure and it could be possible correction to the resistance level 96.20-96.50 and if this level will not broken up than we expect further jump down to the support level on 94.00

From other hand, if this scenario is right, we expect EURUSD (1.19) and GBPUSD (1.35) rise!

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Keep trading,
ForexTeam

USD index weekly review 29.05-02.06.2017

Hi there!

Let’s talk about USD index behavior this week 29.05-02.06.2017

Well, on weekly time frame we see “pin” bar well supported at 97.10
This week ForexTeam plan USD index slowly recovery to strong resistance level at 97.90, if support level at 97.10 hold.

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It means, that bears probably come to EURUSD, GBPUSD etc. Let’s hunt together 😉
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Keep trading,
ForexTeam

USD index weekly review 22-26.05.2017 – ForexTeam comments

Hello everybody!

here we are with comments to USD index price movements.
As we mentioned in our USD index weekly review from 21.05.2017, now USD index found support at 96.80 and on the W1 time frame we see “pin-bar” pattern. So, if this pattern stay for the rest of this week it could be bulls sign for the future.

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Good trades,
ForexTeam

Usd index weekly review 22-26.05.2017

Hello everyone!

Hope you all had nice, sunny weekend)

Let’s take a look to USD index (#USDX) for the next week 22.05-26.05.2017
According our market research we still have bearish pressure for USD index with support levels at 96.70 and 95.90
For the next 2 trading weeks we awaiting “pin-bar” on this price levels with probable pullback to resistance level at 97.90

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Stay tuned,
ForexTeam

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