US Dollar Index

The Dollar Index pulled back from 104 to 100 after Fed reiterated 3 hikes for this year on 15 Mar. However, this blog believe the medium term target of 106 remains intact following Nov 2016 breakout from 2015-2016 trading range. However a break down below 99 would imply that the breakout was not genuine.

All posts and charts are for educational and illustration purposes only

USD Index

Dollar has embarked on a bull run. Dollar index currently at 99.4 is poised to test 100.4 again. Any break above 100.4 will take the index to 113.5. The 2 year target of USD  Index is 150. A dollar will be detrimental to emerging market's debt and equities. Last week this blog highlighted the reversal pattern on the Jakarta Stock Index.

For Illustration Purpose Only

All posts and charts are for educational and illustration purposes only

USD Index

All posts and charts are for educational and illustration purposes only

USD Index

All posts and charts are for educational and illustration purposes only