Friday, June 27, 2014

Aligned: DXY / CHF Price Action

UPDATE: 6.06-to-6.27: The US Dollar (DXY) Index has always been the barometer or leading indicator amongst the major currency pairs being the dominant reserved currency pair in the world affecting every currency component in the basket of the index. Although, knowing how it works can best be beneficial as market price behavior and sentiments can be gauged at certain point in time. 

A side by side comparison of the USD Index compared with the USDCHF price performance post -ECB rate cut and a Pre - NFP /Jobs report would be an ideal insight as how prices reacts before & after risk events by understanding "Price and Market Behavior" based on investors / traders sentiments. At times can be defined with the pullbacks of each bar formation as shown on both the DXY & USDCHF in particular @81.02 for the DXY vs. 0.9035 for the USDCHF on 6.06.14.  

C3 Continuing Analysis

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