Market Watch April 2017

Last month saw the US Dollar Index (DXY) breaking the psychological support of 100, breaking 200-day EMA momentarily and testing a low of 98.63, before trading above 100 again. We believe that the USD weakness is temporary, with a primary slight bullish trend. Our...

Market Watch 9 February 2017

With no clear direction for USD strength/weakness on Trump risk, we recommend trading on USD pairs with caution. Our team is short EURUSD on rallies. Caution advised due to potential dollar weakness.