USD index range possibly narrowing in near term

USD index range possibly narrowing in near term

The USD index is currently ranging in between 90.0 and 93.0 and has been for the past six months. Moving forward, the adequate economic data coming from the US should help the weak Dollar regain some of its status, but not a ton. I expect the range to narrow, with the 91.5 level serving as a new support level.

Read the full analysis at fxstreet.com

USD Index 1W

Economic Calendar

Most Traded

Trading Opportunities

Gold and Silver reacting to Nonfarm Payrolls blackout

Why AUD could move 50+ pips today

Silver crash: is the bounce real or a bull trap?

S&P 500 tags 7,000, then snaps back as the Fed holds

Limited offer:

Get Free

The TraderKeys keyboard can take your gold trading to the next level, with preprogrammed hot keys enabling you easily execute and modify trades.

Join Now