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Forex Technical Major Pairs Analysis
USDX (USD Index): chart The U.S. dollar index closed bearish on Friday and is only a little away from touching the daily SMA 200 and 103.85. Testing this area will be the focus of traders this week. If the index can maintain the position and bounce from these two points then the situation may turn bullish in the short term. However, if the index immediately falls and closes below these two points then the bearish trend of the index will immediately continue. chart EUR/USD: chart EUR/USD rose and closed above the daily SMA 200 so the situation of the pair is bullish at the moment. Apart from that, the pair ... (full story)