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US Dollar, Silver and Copper Forecasts: Markets Are Testing Traders’ Patience
Some instruments are beginning to invalidate earlier bearish signals, while others continue to flirt with major support and resistance levels without delivering a decisive breakout. The good news? These periods of uncertainty rarely last forever. The next confirmed breakout – or breakdown – could easily set the tone for the next week, making patience one of the most valuable trading tools right now. CHART The first thing that jumps off today’s chart is the Dollar Index slipping back below the upper boundary of the black rising channel. From the bulls’ perspective, that’s definitely not what buyers wanted ... (full story)
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