Spot Forex Market – Overview

   Johann Kruger    Forex Mentor TECHNICAL Looking back over the past 3 months since my previous overview (see June 7th, 2016) we saw that the Dow Jones FXCM Dollar Index (DJ FXCM Dollar Index) re-tested the critical resistance price level at 12 001 (high = 12 006) on June 24th, 2016 (see horizontal red […]

Foreign Exchange

Forex Market Overview – 07/06/2016

   Johann Kruger    Forex Mentor   The Dow Jones FXCM Dollar Index touched a critical resistance level at 12 001 (high = 12 006) on May 30th 2016 where after it nose-dived south past the 11 878 price level to open the way for dollar bears.  Selling pressure remains on the dollar as long as price trades […]