Dollar Index broke down

Dollar Index broke down from consolidation, tested and closed at 88.8 support.
Resistance at  Trend Channel (Blue), 90.6, TLD2, 92.0, 93.0
Support at 88.88, 86.5, 83.2, 79.0

Due to free chart service limitation.  Support levels are estimated based on investing.com chart.

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update - 27 Jan 18

BDI close positive this week at 1,219 (26 Jan) from 1,125 (19 Jan)
Harpex close higher at 501.57 (20 Jan) from 489.34 (13 Jan)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Coffee (1)
• Sugar (1)
• Orange Juice

Neutral

• Wheat
• Soybeans

Up Trend

• Corn
• Natural Gas (1)
• Crude

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Heating Oil
• Lumber
• Copper
• Palladium
• Gold
• Cotton

Neutral

• None

Down Trend

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

US Markets 27 Jan 18

US markets continue to close higher.
Dollar Index broke down.
U.S. President Trump Speaks on Wed.  FOMC  Statement and US Fed Interest Rate Decision on Thu morning.  US NFP and US Unemployment Rate on Fri.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT 

• Nasdaq

Neutral 

• None

DT 

• None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT 

• S&P

Neutral 

• None

DT 

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

Dow

Daily UT, Weekly UT
Potential resistance around 26,976

Potential support around 26,131, Upper Trend Channel (Blue), 24,847, Lower Trend Channel (Blue), 24,682

S&P
Daily UT, Weekly UT

Potential resistance around 2,983

Potential support around 2,842, Trend Channel (green), TLU3,  2,748, 2,697, 2,668, 2,650, 

Nasdaq
Daily UT, Weekly UT
Potential resistance around  7,706

Potential support around 6,983, TLU7, 6,347, TLU6, 6,261, 6,061

Russell
Daily UT, Weekly UT
Potential resistance around 1,649
Potential support around 1,552, 1,543, TLU3, 1,519, 1,508, 1,497

Key event to watch out  (SG Time)

29 Jan, Mon

• No important data

30 Jan, Tue

• 2300 US CB Consumer Confidence (Jan)   
• 2330 UK BoE Gov Carney Speaks   

31 Jan, Wed 

• 0830 Australia CPI (QoQ) (Q4)
• 0900 China Manufacturing PMI (Jan) 
• 1000 U.S. President Trump Speaks
• 1655 German German Unemployment Change (Jan) 
• 1800 Europe CPI (YoY) (Jan) 
• 2115 US ADP Nonfarm Employment Change (Jan)
• 2130 Canada GDP (MoM) (Nov) 
• 2300 US Pending Home Sales (MoM) (Dec)
• 2330 US Crude Oil Inventories

01 Feb, Thu

• 0300 US FOMC Statement
• 0300 US Fed Interest Rate Decision
• 0945 China Caixin Manufacturing PMI (Jan)  
• 1655 German Manufacturing PMI (Jan) 
• 1730 UK Manufacturing PMI (Jan) 
• 2300 US ISM Manufacturing PMI (Jan)

02 Feb, Fri

• 1730 UK Construction PMI (Jan) 
• 2130 US Nonfarm Payrolls (Jan)  
• 2130 US Unemployment Rate (Jan)

Dollar Index consolidating

Dollar Index consolidating trying to overcome 90.6.
Resistance at 90.6, TLD2, 92.0, 93.0, TLD3, Trend Channel (Dark Blue)
Support at Trend Channel (Blue), 88.88

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update - 20 Jan 18

BDI continues to close lower at 1,125 (19 Jan) from 1,279 (12 Jan) 
Harpex continues to close higher at 489.34 (13 Jan) from 485.16 (06 Jan)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Soybeans (1)
• Coffee (1)
• Sugar
• Orange Juice

Neutral

• Corn
• Wheat

Up Trend

• Natural Gas (1)
• Crude

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Heating Oil
• Lumber
• Copper
• Palladium
• Gold
• Cotton

Neutral

• None

Down Trend

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

US Markets 20 Jan 18

US markets continue to close higher.
Dollar Index consolidating.
Thu will have ECB interest rate decision while US GDP data is on Fri.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT 

• Nasdaq

Neutral 

• None

DT 

• None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT 

• Dow
• S&P

Neutral 

• None

DT 

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

Dow

Daily UT, Weekly UT
Potential resistance around 26,976

Potential support around Upper Trend Channel (Blue), 24,847, Lower Trend Channel (Blue), 24,682, 24,157, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around 2,983

Potential support around Trend Channel (green), TLU3,  2,748, 2,697, 2,668, 2,650, 2,593, TLU1

Nasdaq
Daily UT, Weekly UT
Potential resistance around  6,983

Potential support around TLU7, 6,347, TLU6, 6,261, 6,061

Russell
Daily UT, Weekly UT
Potential resistance around 1,649
Potential support around 1,552, 1,543, TLU3, 1,519, 1,508, 1,497

Key event to watch out  (SG Time)

22 Jan, Mon

• No important data

23 Jan, Tue

• 1300 Japan BoJ Outlook Report (YoY)
• 1800 German ZEW Economic Sentiment (Jan)     

17 Jan, Wed 

• 1630 German Manufacturing PMI (Jan)  
• 1730 UK German Manufacturing PMI (Jan)
• 1730 UK Claimant Count Change (Dec)   
• 2300 US Existing Home Sales (Dec) 
• 2330 US Crude Oil Inventories

24 Jan, Thu

• 0545 New Zealand CPI (QoQ) (Q4)
• 1700 German Ifo Business Climate Index (Jan)
• 2045 Europe Deposit Facility Rate 
• 2045 ECB Interest Rate Decision (Jan)  
• 2130 CAD Core Retail Sales (MoM) (Nov)   
• 2130 ECB Press Conference
• 2300 US New Home Sales (Dec)

25 Jan, Fri

• 1730 UK GDP (YoY) (Q4) 
• 2130 US Core Durable Goods Orders (MoM) (Dec) 
• 2130 US GDP (QoQ) (Q4)  
• 2130 Canada Core CPI (MoM) (Dec)

Dollar Index broke down

Dollar Index tested 92 resistance, failed to hold and broke down tested 90.6 and trend channel support
Resistance at TLD2, 92.0, 93.0, TLD3, Trend Channel (Dark Blue)
Support at 90.6, Trend Channel (Blue), 88.88

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update - 13 Jan 18

BDI closed lower at 1,279 (12 Jan) from 1,371 (05 Jan)
Harpex closed higher at 485.16 (06 Jan) from 483.08 (30 Dec)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Soybeans
• Orange Juice

Neutral

• Corn
• Wheat
• Coffee 
• Sugar

• Natural Gas (1)

Up Trend

• Crude

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Heating Oil
• Lumber
• Copper
• Palladium

Neutral

• None

Down Trend

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

US Markets 13 Jan 18

US markets continue to create a historic high.
Dollar Index broke down.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT 

• Nasdaq

Neutral 

• None

DT 

• None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT 

• S&P

Neutral 

• None

DT 

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

Dow

Daily UT, Weekly UT
Potential resistance around 26,976

Potential support around Upper Trend Channel (Blue), 24,847, Lower Trend Channel (Blue), 24,682, 24,157, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around , 2,748, 2,983

Potential support around Trend Channel (green), TLU3,  2,748, 2,697, 2,668, 2,650, 2,593, TLU1

Nasdaq
Daily UT, Weekly UT
Potential resistance around  6,983

Potential support around TLU7, 6,347, TLU6, 6,261, 6,061

Russell
Daily UT, Weekly UT
Potential resistance around 1,649
Potential support around 1,552, 1,543, TLU3, 1,519, 1,508, 1,497

Key event to watch out  (SG Time)

15 Jan, Mon

• US holiday
• No important data

16 Jan, Tue

• 1730 UK CPI (YoY) (Dec)

17 Jan, Wed 

• 1730 Europe CPI (YoY) (Dec)
• 2300 Canada BoC Monetary Policy Report     
• 2300 Canada BoC Interest Rate Decision    

18 Jan, Thu

• 0830 Australia Employment Change (Dec)
• 1000 China GDP (YoY) (Q4)
• 1000 China Industrial Production (YoY) (Dec) 
• 2130 US Building Permits (Dec) 
• 2130 US Philadelphia Fed Manufacturing Index (Jan)  
• 2130 Canada ADP Nonfarm Employment Change 

19 Jan, Fri

• 0000 US Crude Oil Inventories
• 1730 UK Retail Sales (MoM) (Dec) 

Dollar Index consolidating

Dollar Index continues to lower during the 2nd half of Dec 2017.  It consolidating on the opening week of 2018, tested 92.0 resistance level and failed to overcome
Resistance at 92.0, 93.0, TLD3, Trend Channel (Dark Blue)
Support at TLD2, 90.6, Trend Channel (Blue)

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update - 06 Jan 18

BDI closed at 1,371 on  05 Jan 2018
Harpex closed at 483.08 in year 2017

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Soybeans
• Orange Juice

Neutral

• Wheat

• Natural Gas (1)

Up Trend

• Corn
• Coffee (1)
• Sugar
• Crude
• Platinum

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Heating Oil
• Lumber
• Copper
• Palladium

Neutral

• None

Down Trend

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

US Markets 06 Jan 18

US markets broke lhf on the weekly chart and continue to close higher.  Dow, S&P and Nasdaq created a historic high.

Dollar Index continues to lower during the 2nd half of Dec.  Dollar Index consolidating this week when opens.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT 

• Nasdaq

Neutral 

• None

DT 

• None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT 

• Dow
• S&P

Neutral 

• None

DT 

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

Dow

Daily UT, Weekly UT
Potential resistance around Trend Channel (Blue), 26,976

Potential support around Trend Channel (Blue), 24,847, 24,682, 24,157, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around Trend Channel (green), 2,748, 2,983

Potential support around TLU3,  2,697, 2,668, 2,650, 2,593, TLU1

Nasdaq
Daily UT, Weekly UT
Potential resistance around  6,983

Potential support around TLU7, 6,347, TLU6, 6,261, 6,061

Russell
Daily UT, Weekly UT
Potential resistance around 1,649
Potential support around 1,552, 1,543, TLU3, 1,519, 1,508, 1,497

Key event to watch out  (SG Time)

08 Jan, Mon

• Japan holiday
• No important data

09 Jan, Tue

• 2300 US JOLTs Job Openings (Nov)

10 Jan, Wed 

• 1730 UK Manufacturing Production (MoM) (Nov) 
• 2330 US Crude Oil Inventories

11 Jan, Thu

• 0830 Australia Retail Sales (MoM) (Nov)
• 2030 ECB Publishes Account of Monetary Policy Meeting     
• 2130 US PPI (MoM) (Dec)

12 Jan, Fri

• 2130 US Core CPI (MoM) (Dec)  
• 2130 US Core Retail Sales (MoM) (Dec)   
• 2130 US Retail Sales (MoM) (Dec)