Sunday, September 27, 2015

CCY Corner: USD Divergence 2

Watch for our next "Market & Price Action Analysis On How to Read & Timely Execute Trade Positions from Overlay Chart Patterns Based on the USD" as a primary market indicator.

DXY Update: As of  9.25.15

Technical Vs. Fundamental
This is just one of the tools of the trade identified from the four chart patterns overlay from our previous $DXY analysis and its correlation with the rest of the major currency pairs. The simple selling divergence resulting from the recent decline and the result of a price recovery was fundamentally supported by FED Chair J Yellen's speech for a continued rate hike for the year fueled the current rally for the USD Please refer to the patterns listed below as a fresher to identify individual signals compared with overlay patterns when a combination occurs during the course pf trading sessions.

Reference Chart Patterns

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