USDOLLAR Under 11580 Needed to Suggest Topping Process

Jamie Saettele, CMT

Tue, Jan 20, 2015, 1:19 PM

DailyFX.com -

Daily

USDOLLAR Under 11580 Needed to Suggest Topping Process

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-The USDOLLAR has reached a major target defined by equality between legs from the 2014 low. That level is 11698 so be aware of a possible change in behavior. Weakness below 11580 is needed to suggest potential for a top of some importance.

--Trading ideasare available to J.S. Trade Desk members.

original source

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

$433 Billion Gone! One Stock Loses More Value Than Tesla
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Investor's Business Daily•1d ago
Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Fortune•1d ago
The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade
This growth ETF has nicely outperformed the S&P 500 since its inception.
Motley Fool•3h ago
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American Airlines and Southwest Airlines both lost money in the first quarter, and Southwest said Thursday that it will limit hiring and close operations at four airports. Airlines are dealing with higher labor costs and delays in getting new planes from Boeing, which is limiting their ability to add more flights at a time of high demand for travel. American said it lost $312 million as labor costs rose 18%, or nearly $600 million.
Associated Press Finance•1h ago
Billionaire Bill Ackman Has His Sights on Only 1 "Magnificent Seven" Stock, and It's Not Nvidia
You'll only find seven different stocks in this billionaire's portfolio, and only one of them is a "big tech" company.
Motley Fool•3h ago
One Member of Congress Is Going Against the Grain and Selling This Skyrocketing Stock-Split Stock
One of Capitol Hill's most-active stock traders is sending a company with well-defined competitive advantages -- that also happens to be on the verge of its first-ever stock split -- to the chopping block.
Motley Fool•4h ago
China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses
With rising inflation, American consumers are increasingly turning to the Chinese e-commerce platform Temu for their shopping needs. With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ:PDD), Temu offers a wide range of
Benzinga•16h ago
Bitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.
Bitcoin block subsidies were recently reduced by half for the fourth time in history, and halving events have always led to significant price appreciation.
Motley Fool•4h ago
3 Absurdly Cheap Stocks to Buy and Hold for Years
These stocks all deserve to be trading at far higher prices, and it may not be too long before they start to rally.
Motley Fool•2h ago
History Says the Nasdaq Will Roar Higher This Year. My Top Growth Stock to Buy Before It Does.
This stock is reasonably priced, even after explosive gains.
Motley Fool•2h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

USDOLLAR Under 11580 Needed to Suggest Topping Process

Recommended Stories

$433 Billion Gone! One Stock Loses More Value Than Tesla

Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000

The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade

Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

Billionaire Bill Ackman Has His Sights on Only 1 "Magnificent Seven" Stock, and It's Not Nvidia

One Member of Congress Is Going Against the Grain and Selling This Skyrocketing Stock-Split Stock

China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses

Bitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.

3 Absurdly Cheap Stocks to Buy and Hold for Years

History Says the Nasdaq Will Roar Higher This Year. My Top Growth Stock to Buy Before It Does.