The U.S. Dollar has followed-thru with strength after last Friday's CPI report. Is this something that might last and, if so, where might traders want to look to best position for a continuation of USD strength?
Price has rallied back to a familiar resistance zone with the immediate advance vulnerable while below this threshold. Here are the targets & invalidation levels to know.
The near-term recovery in crude appears to be sputtering ahead of September-high ($52.83), with oil prices at risk of facing range-bound conditions.
The UK and the EU continue to try and take the moral high ground with claims and counterclaims leaving Brexit negotiations idling.
The euro is working closer towards developing a fully formed topping formation, with confirmation arriving on a break of the ‘neck-line’ not far below.