The U.S. dollar index is a basket of six major currencies weighted against the greenback. See on the daily bar chart for the USDX that prices are in a strong uptrend and just hit an 11-month high. The dollar bulls are in strong technical command to suggest still more upside price action in the near term, or longer. The stronger dollar is a bearish element for most of the raw commodity sector, given that most major raw commodities are priced in dollars on the world trade markets. An appreciating dollar makes those commodities more expensive to purchase in non-U.S. currency. Stay tuned!
Main Content
Sample Reports and Charts
Jim Wyckoff on the Markets includes a comprehensive Daily Markets Update that is emailed to you Monday through Thursday. I give each futures market my exclusive “Wyckoff’s Market Rating.” Every Friday you will receive my Top Trading Opportunities, whereby I provide my top three trading opportunities for the upcoming week, including specific entry points, stop placement points, support and resistance levels and other important analysis. Twice a month, you’ll also receive my bi-weekly newsletter, which includes about 8 markets (including their unique analytical charts) that I have chosen to focus upon. In the bi-weekly newsletter you will also find an educational feature that will help move you up the ladder of trading success.
Shop
Join the growing family of subscribers to Jim Wyckoff’s comprehensive daily email market update, weekly top trading opportunities, and bi-weekly chart update. I also serve commercial clients with custom content and custom analytical charts — both of which have proven very popular among traders. You can use the Contact Page or call me at (319) 277-8643 to find out more about how I can help you navigate the path to more trading success.