The Dollar index is not giving any clues this week on where it may be headed. The EUR and GBP however have made temporary tops so it will be interesting to see if these levels now become more permanent turning points. I’m showing the weekly charts this week as the candles/bars may be very relevant. USDindex – No real directional bias EUR/USD – Will last week’s top hold? GBP/USD – Indication of at least a potential temporary top USD/CAD – Reversal still in vogue EUR/JPY – last weeks
Are tops in place on EUR and GBP?
The Dollar index is not giving any clues this week on where it may be headed. The EUR and GBP however have made temporary tops so it will be interesting to see if these levels now become more permanent turning points. I’m showing the weekly charts this week as the candles/bars may be very relevant. USDindex – No real directional bias EUR/USD – Will last week’s top hold? GBP/USD – Indication of at least a potential temporary top USD/CAD – Reversal still in vogue EUR/JPY – last weeks