Dollar Bears To Escape Trapping Zone With Beginning Of Feb. 2018 Trading
Satendra Singh | Jan 28, 2018 10:44AM ET
On analysis of the movement of the US Dollar Index Futures in different time frames, I find the dollar seems ready to move upward from the first trading session of February 2018 due to the fact that the exhausted dollar bears are not able to stay inside the “Trapping Zone,” which makes the situation evident enough for steep upward moves during the upcoming weeks. On analysis of the movement of the Dollar Futures Index, I conclude expected propositional trading zones from January 28th to March 16th, 2018.
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