US Dollar Index Tracks Higher and Higher - forex trading alert expert robot

US Dollar Index Tracks Higher and Higher ~ forex trading alert expert robot

Where will it stop?


The US Dollar Index has been on a tear for many weeks and shows no sign of easing off the pace.  Some blame the Quantitative Easing and some blame the international central banks for this movement, no one really knows what to attribute it to.

The US Dollar Index reflects the interchange between the US Dollar and other currencies, a basket made up of Euro, Japanese Yen, Pound Sterling, Canadian Dollar, Swedish Krona, Swiss Franc.

The index is traded as a futures contract.

I have here a Point & Figure chart which shows that the future price target of $106.00, quite a distance to travel from todays level of $88.36.

Today it is at a level of resistance as you can see on the chart.

Recent developments in Japan and Europe have devalued their currencies and pushed the US Dollar higher.

Today China reduced their interest rates to boost a sluggish economy adding more to the upward move of the US Dollar.

The US Dollar Index will certainly be something to watch regarding any dollar related trading strategy.

I have some commentary below which you may find relevant  and interesting.


Speculators US dollar net long highest since 2008 -CFTC, Reuters - Reuters

Fri, 21 Nov 2014 20:56:57 GMT
Speculators US dollar net long highest since 2008 -CFTC, ReutersReutersNov 21 (Reuters) - Speculators increased their net long U.S. dollar position in the latest week to its largest in six years, data from the Commodity Futures Trading Commission sh ...

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The Long U.S. Dollar Trade Is Very Crowded - Wall Street Daily

Fri, 21 Nov 2014 10:06:28 GMT
After all, everyone seems to be long the U.S. dollar, which has been trouncing both the yen and euro over the past few months. But in reality, forex trading is one of the mos ...

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How to Invest to Play a Stronger U.S. Dollar - Barrons

Fri, 21 Nov 2014 19:01:24 GMT
The GIC believes the U.S. dollar will probably strengthen further in 2015. While we are already overweight dollar assets, the tactical changes made today further increase this overweight pos ...

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US Dollar Strength Shouldnt Undermine the Recovery - Institutional Investor

Fri, 21 Nov 2014 06:07:48 GMT
In 2010 policymakers roundly criticized Brazilian Finance Minister Guido Mantega for engaging in extreme rhetoric when he brought up the possibility of the ...


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The next week will probably provide more volatility and great trade entries.

Good Trading.!!


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Crude Oil Price Moving Higher Overnight - forex trading courses in the philippines

Crude Oil Price Moving Higher Overnight ~ forex trading courses in the philippines

Considering forthcoming EU stimulus programs and colder weather stimulating demand, Crude oil is moving higher.







At this time the price has risen to $32.72 and there does not appear to be any resistance showing on the Ichimoku Chart, meaning it may continue upwards

Here is some news from today.

Asia rises after cold spell lifts oil, dollar stands tall - Reuters
 Mon, 25 Jan 2016 05:15:22 GMT
TOKYO Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved some of the bearish pressure on global markets. World equities also took ...

How Soon Could A Sustained Oil Price Rally Occur? - OilPrice.com
Mon, 25 Jan 2016 00:06:54 GMT
Noteworthy is the fact world oil markets started pricing the return of Iranian crude exports six months ago when the framework of the agreement to end international sanctions was announced in July — the last time WTI traded over US$50 a barrel. While ...

Security Woes Threaten OPECs Second Largest Producer - OilPrice.com
Mon, 25 Jan 2016 00:06:54 GMT
Despite the fact that the countrys crude oil output has continuously been plagued by security concerns and faltering payments to international oil companies from both the Kurdish regional government (KRG) and Baghdad and an ongoing row over oil export ..


Crude Prices Edge Up On ECB Stimulus Outlook - Nasdaq
 Mon, 25 Jan 2016 03:42:51 GMT

Crude-oil prices extended gains in early Asia trade Monday as the market continued to react to signals by the European Central Bank that it would undertake more stimulus measures to lift the regional economy. On the New York Mercantile Exchange, light,?..

Good Trading.

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Gold Price Jumps Higher in Overnight Trading - 1st forex trading academy

Gold Price Jumps Higher in Overnight Trading ~ 1st forex trading academy

The metal has jumped to almost $1,294 before backing off.

This move appears to be based on better economic expectations by traders.

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FTSE Moves Higher - ifbs forex trading academy

FTSE Moves Higher ~ ifbs forex trading academy

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The FTSE has moved higher again today, buoyed by positive expectations and some favorable financial reports.

Traders seem to be anticipating ECB stimulus that people are considering this week.

Chinese boost helps FTSE hit three-week high - Reuters UK

Tue, 20 Jan 2015 09:17:51 GMT
Reuters UKChinese boost helps FTSE hit three-week highReuters UKLONDON (Reuters) - FTSE rose for its fourth straight session on Tuesday to hit its highest level in three weeks, buoyed by growth-sensitive stocks after Chinese data beat expectations. I ...

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FTSE 100 lifted by Chinese growth data - BBC News

 Tue, 20 Jan 2015 09:45:00 GMT
Citywire.co.ukFTSE 100 lifted by Chinese growth dataBBC NewsShares in Coca-Cola HBC fell nearly 5% after JP Morgan downgraded its rating on the company to neutral from overweight. In the FTSE 250, William Hill shares fell 4% after the bookmaker s ...

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FTSE rises at open on ECB stimulus hopes - Yahoo News

 Tue, 20 Jan 2015 10:09:04 GMT
Yahoo NewsFTSE rises at open on ECB stimulus hopesYahoo NewsLondon (AFP) - Londons leading share index rose at the start of trading Tuesday, extending gains won a day earlier on expectations of ECB stimulus. The FTSE 100 index won 0.29 percent to 6, ...


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Gold Prices Are Quickly Moving Higher - forex trading academy ghana

Gold Prices Are Quickly Moving Higher ~ forex trading academy ghana

Will the Price Break Through the $1,100.00 Level?

The price of Gold has risen sharply in the last two sessions and is testing the $1,100.00 mark.

It may be that this is the start of a long term rise.

Several factors may be in play to influence Gold. The world economy is less than prosperous and the current state of the Chinese markets is causing some trembling causing investors to look for safety.

Gold is regarded by many as a safe haven, the recent nuclear testing by North Korea is causing anxieties.

Low oil prices, while benefiting some economies are causing problems for many other economies.


Gold price breaks past $1100 – but will it hold? - The Week UK
 Thu, 07 Jan 2016 11:15:00 GMT
But can gold sustain the rally? Analysts have been quick to point out that safe-haven rallies tend to be short-lived unless they come amid a full-blown financial crisis, which few are currently predicting. The Telegraph notes that despite the ...


Flight to safety sends gold to 9-week high - CNBC
Thu, 07 Jan 2016 10:47:39 GMT
Gold climbed above $1,100 an ounce for the first time in nine weeks on Thursday as investors channelled money into the safe-haven metal amid a global stock market rout, worries over the Chinese economy and heightened geopolitical tensions.Gold futures score best settlement in 2 months

Gold Is Turmoils Beneficiary as Soros Reminded of Market Crisis - Bloomberg
 Thu, 07 Jan 2016 09:49:00 GMT
Gold has outperformed most other commodities since the turn of the year after posting three straight annual declines, as currency and equity-market weakness in China, coupled with rising geopolitical tensions in the Middle East and North Korea, boosted?...


Latest gold, forex rates in UAE: Gold hits 7-week high - Emirates 24|7
Thu, 07 Jan 2016 04:55:47 GMT
“The December Fed minutes offered little lucidity to the timing of the next or the number of rate hikes in 2016, said Tai Wong, director of base and precious metals trading for BMO Capital Markets in New York, adding that the lack of any revelation ...

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