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US Dollar, EUR/USD React at Range Extremes as Gold Recovery Goes Higher

The US Dollar has finally found some resistance after filling the FOMC gap from last year, and that goes along with a EUR/USD bounce from the 1.0500 psychological level.

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EUR/USD, GBP/USD, Gold, USD/JPY: US Dollar Price Action Setups

The US Dollar has put in a massive move in October but finally some resistance has appeared, allowing for a bit of strategy. The next week and a day are massive with inflation and employment data, followed by the election and another FOMC rate decision.

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US Dollar Strongest Week Since Sept. 2022: EUR/USD, USD/JPY, Gold

Deduction can be a powerful tool in trading and analysis. The falling wedge build in USD and USD/JPY along with RSI divergence highlights this theme at work over the past month, leading into this week when DXY drove its strongest weekly outing since September of 2022.