Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Thursday, March 12, 2015
USD US Dollar Index 15-Minute Chart
The US dollar tags the 100 level overnight for the first time in 12 years then promptly falls on its sword dipping down to sub-99 now traveling sideways through 99.2-ish. The euro briefly fell under 1.05 printing a 1.04 handle then launching like a rocket above 1.06 as the dollar retreated. The chart is courtesy of INO.com and annotated by Keystone. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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