Analyst opinion by Marios Athinodorou to 27 March 2018

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By author

27.03.2018

A Technical Overview of the Forex Market

Dollar index The technical view on dollar index seems to be bearish. The price appears below the Kumo, the lines Tekan Sen, and Kijun Sen appear to be out of the Kumo too. However, there are some clues which could be interpreted as signs of a potential reversal. The lines Kijun Sen and Tekan Sen seem to be in a bullish formation, and the Chikou Span appears to be in the price. It could be noticed the potential formation of a triple bottom. In order to be able to spot a potential bullish signal, we could go to the 1H time frame and wait for a confirmed Kumo break out above.

Marios Athinodorou

Quotes

	Symbol	Bid	Ask	Time
	AUDUSD
	EURUSD
	GBPUSD
	NZDUSD
	USDCAD
	USDCHF
	USDJPY
	XAGEUR
	XAGUSD
	XAUUSD

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