US DOLLAR Weekly (22/2014) Chart Technical Analysis
The US Dollar weekly chart shows the following signs:
Week by week US Dollar earns higher highs the last month (in May). It beats KUMO and Tenkan Sen recently. It has a very strong support at 10364 and a resistance at Kijun Sen @10563. Respectively in tech analysis in the KUMO we naturally have to be neutral but I have these thoughts:
XAUUSD Weekly shows short
EURUSD Weekly shows short too.
I think that all these together can be realistic if US Dollar tries to test the 10563 resistance target. So be long.
Week by week US Dollar earns higher highs the last month (in May). It beats KUMO and Tenkan Sen recently. It has a very strong support at 10364 and a resistance at Kijun Sen @10563. Respectively in tech analysis in the KUMO we naturally have to be neutral but I have these thoughts:
XAUUSD Weekly shows short
EURUSD Weekly shows short too.
I think that all these together can be realistic if US Dollar tries to test the 10563 resistance target. So be long.
