January 28, 2018
This Year World Economic Forum 2018, …
“Obviously a weaker dollar is good for us as it relates to trade and opportunities,” Mnuchin told reporters in Davos, according to Bloomberg, adding that the currency’s short term value is “not a concern of ours at all.”
Speaking at a press conference at the World Economic Forum in Davos Wednesday, he made a bid for investment into the U.S., saying the government was committed to growth of 3 percent or higher.
Read more from the following link,
A weaker dollar is good for the US, Treasury Secretary Mnuchin says
US Stock Analysis
DX-Y.NYB Dollar Index and MACD
If the technical analysis tells you the trend is bearish, please take note. No one ask you to believe it blindly. See chart, the bearish signs has been there from mid November last year. You could also see there were a struggle, but fail. The whole MACD indicator has told you the MACD is bearish bias.
Learn from the lesson here. Don’t believe but take note.
Have fun learning!
Manage your risk!
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
January 26, 2018 Dollar Index and MACD
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.