Friday, May 13, 2016

#TSOT- #US_DXY Momentum Driven Aligned #ATR #Technical

#TSOT- #US_DXY Momentum Driven Aligned #ATR #Technical

Putting retail sales - Consumer confidence fundamentals aside, the perspective of the USD as describe below follows a declining channel that has now been penetrated higher with prices pushing above the 94.00 basis point.

Measuring, the ATR price volatility, in contrast with price momentum in left circle 1 reflects the turning price point  of a market, likewise a repeat in right fig 2. With an exception where momentum has carried price recovery while ATR moves contrary to current price.

Comparing Time line cycle with the rate of price change makes the difference even before current price was marked and data from event risk.  Seven (7) applied tools of the trade for the analysis.

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