Nothing like larger time frame charts with weekly price bars to wash out the daily noise. Sure when daily charts go gangbusters it’s a sight but if a weekly price update stands out, it’s something to give pause or encouragement. The Dollar is shuffling around in its bathrobe, looking for its crown, having put it down weeks ago and forgotten about it but is trying to get ready to end its sabbatical. Charts below are 3 and 9 month weekly charts, with 10 and 50 week SMA and just ADX and RSI. What really matters is how price keeps moving without really looking back over since autumn began. (Please no Game of Thrones memes about “winter”.)
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