USD dollar index hit 14-year highs yesterday with the index making it to highs of 103.56, levels last seen in December 2002. In parallel EURUSD has broken past the 1.05 hurdle that has been providing support since early 2015.

Key Points

• The British Pound after trading towards 148.50 against the Japanese yen found offers, and traded lower.
• There is a crucial bullish trend line formed on the Read More →

Key Points

• The US Dollar surged higher sharply against most major currencies as the fed decided to raise rates.
• There was a bearish trend line formed on the Read More →

Key Points

• The New Zealand dollar was in an uptrend against the US Dollar until it found sellers near 0.7240.
• There were two bullish trend lines formed on Read More →