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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, USD/CAD, Gold

From forex.com

The US dollar continues to push for recovery. The chart looks different from last week, and in that webinar, I had highlighted a confluence of factors in both the USD and EUR/USD that could soon have bearing. And since then, they have. Last week the US dollar saw daily RSI dip into oversold territory for the first time since July. July, of course, is when bears attempted to push a breakdown but they were quickly offset by bulls, leading into a pattern of 11 consecutive weeks of gains for the Greenback. That held into October trade, at which point stall began to show (along with overbought readings via daily RSI) and ... (full story)

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