Saturday, August 23, 2014

US Dollar Index broke strong resistance

US Dollar Index had broke the strong resistance level this week.

If you are holding commodities do watch out for you position, it tend to be more volatile unless there is a strong demand

USD Impact on currencies/Gold/Crude

Below is a weekly chart with 50 SMA, some pairs had hit resistance, some pairs had hit support while some pairs seem to have more room to go.

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