Weekly Review

USD INDEX The uptrend picked up momentum all through the week with a strong push Friday securing a yearly high for the index. As global geopolitical conflict/middle east war enters week 3, the flight to USD safety as the safe asset/currency of choice has been confirmed. Buyers will aim to mainta...

USD INDEX Today exposed the volatility and fragility of financial markets in times of war. The index gapped higher to start the week, yet within hours of the Asian session opening, sellers stepped in and sold off sharply through the European and US sessions. Noticeably, today’s close lies alongs...

USD INDEX The index was relatively unchanged for the week. The gains (green candlestick) reflected on the chart was basically due to the gap lower to start the week, with the weekly close almost matching that of the previous week. The sideways trend/activity is expected to react sharply to the U...

USD INDEX Price action contained between 97.00 and 98.00 and a close within that range for the 4th consecutive week. The EMAs hanging onto the downtrend, although the green candlestick does reflect a higher high and higher low on the chart. Note the descending trend-line from November 2025. With...

USD INDEX Following a sharp sell-off on Monday, the balance of the week saw limited activity within a narrow trading range as neither buyers nor sellers added to brief intraday moves. The downtrend remains intact as sellers hover close to the 96.00 support area. Buyers have protected this this l...

USD INDEX The index had a solid performance confirming USD demand for the 2nd consecutive week. Buyers guarded the 97.00 support area just as we saw in 2025. Note the fib retracement tool measuring the reversal from the sell-off at the start of the year (99.28 down to 95.36) which is now at the ...

USD INDEX USD was resilient following a steep sell-off early in the week and then going onto recoup the losses and close the week back at the start/open. Technically the downtrend remains in place with a lower high and lower low on the chart. The week’s low matched levels not seen since early 20...

USD INDEX The USD rally which has been in place since the beginning of the year was wiped out and reversed in a week which saw the world’s global currency sold off across the board. Notwithstanding Trump’s about turn re. Greenland (military takeover and tariffs), it appears that negative sentime...

USD INDEX The USD continued it’s strong start to the year with a 3rd consecutive week of higher highs and higher lows confirming a reversal and new uptrend on the chart. Adding to the technical picture, recent fundamental data has done little to attract the attention of sellers. Based on current...

USD INDEX The USD continued it’s strong start to the year with buyers maintaining control signalling a higher high and higher low on the chart. The first major data release on Friday (December 9th NFP/job numbers) confirming demand for the global reserve currency amidst ongoing geopolitical conf...

USD INDEX High 2025: 110.00; Low 2025: 95.77. Going into the new year after an up week where buyers were able to recoup the previous week’s losses. However, the trend remains down with price action continuing to hover near to the 98.00 area. Note the yearly highs and lows and see the index remai...