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Jim Wyckoff

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U.S. Dollar Bulls Are Fading Again

March 26, 2018 by Jim Wyckoff

The U.S. dollar index is a basket of six major world currencies stacked up against the U.S. dollar. See on the daily bar chart that the USDX is in a fledgling downtrend and has hit a five-week low early this week. The greenback bears have downside technical momentum to suggest more price pressure this week. That’s good news for the raw commodity market bulls. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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