Eye on the US Dollar for Potential Trading Opportunities

Written by

CMC Markets

Best in-house analyst award (dark version)

13 Feb 2018, 15:40

by Simon Clarke

In this week’s Technical Insights, Simon looks at the US Dollar and asks if the market is set for another move short? He discusses his analysis from a technical perspective identifying the key structure levels in a number of related markets that support his analysis, and that he’ll be keeping an eye on for potential trading opportunities.

Latest from CMC

Market update

Wall Street retreats following Fed minutes, NVIDIA earnings beat

Wall Street was lower as the tech-fuelled rally took a breather. Most big tech shares retreated from an overbought level.

21 Nov 2023

Market update

Wall Street retreats following Fed minutes, NVIDIA earnings beat

Market update

Microsoft and NVIDIA hit new highs amid OpenAI’s drama, earnings optimism

Weekly outlook

APAC Week Ahead: Nvidia to report earnings

Market update

Wall Street retreats following Fed minutes, NVIDIA earnings beat

Wall Street was lower as the tech-fuelled rally took a breather. Most big tech shares retreated from an overbought level.

21 Nov 2023

Market update

Microsoft and NVIDIA hit new highs amid OpenAI’s drama, earnings optimism

Microsoft hit a new all-time high amid OpenAI’s board drama. NVIDIA topped US$500 per share, also reaching a record high, ahead of the third quarter earnings

20 Nov 2023

Weekly outlook

APAC Week Ahead: Nvidia to report earnings

Nvidia’s third-quarter earnings report will provide insights into how rapid AI development has been shaping the market trend

17 Nov 2023

Market update

Wall Street mixed on economic concerns, gold surges, oil tumbles

Wall Street finished mixed as consumer stocks fell and tech shares remained strong

16 Nov 2023