USD against all - Critical Friday the 13th.06.2014
In this weekly diagram you can see that USD Index is crossing down the SPAN B of KUMO and there is the twisted of KUMO too (yellow circle). THE RSI <50 and the MACD <0 are both bearish.
If the USD Index closes under the KUMO in Friday the 13, it will be a weak but bearish sign for this Summer, especially if USD break the long term support line next week.
This sign will be long for almost anything against USD, like XAUUSD for example. The negative correlation between USD & Gold is a standard, as you can see in the diagram.
Let's see what will be happen next week.
If the USD Index closes under the KUMO in Friday the 13, it will be a weak but bearish sign for this Summer, especially if USD break the long term support line next week.
This sign will be long for almost anything against USD, like XAUUSD for example. The negative correlation between USD & Gold is a standard, as you can see in the diagram.
Let's see what will be happen next week.
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