Following the close under the 200-day moving average (MA), the US dollar index future price (with an expiry date in June) regained considerable ground to overcome its MAs once again and return above the Ichimoku cloud, staying mostly green over the past two weeks. Technically, more upsides could be in store as the MACD keeps strengthening in the positive zone and above its red signal line, while the RSI is maintaining a steep positive slope well above its 50-neutral mark. The fact that the price has still some room to run until it touches the upper Bollinger band could be also a sign that downside corrections may be ... (full story)