FX Forecast for the week ahead

Covered Dollar Index here, primarily.


You'll note I am constructively bullish on the USD, and have been for a while. The reason being is that it's not situated within utter political turmoil (like the EUR and GBP). When you consider that the US does offer positive interest on yields, plus the nice swap interest as the "Carry Trade" currency the USD will always be in demand.


I am bullish USDxxx as long as this Weekly Inside Bar holds (the one to the left of the chart). That breaks then I revisit the technical view.




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