Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of May 9, 2022 here.
the U.S. Dollar Index rose again last week, in line with the long-term, printing a bullish candlestick that closed well within the top quarter of its range. This was again theDollar bulls will be encouraged that the bullish momentum continues
. Trading major stock market indices short is a difficult challenge, but experienced traders might want to be looking for short trades here. This is not a good time to be buying stocks. With a still-strong US Dollar, and Pound weakness driven by fundamental forecasts, the price here looks likely to fall further over the coming days. However, bears need to beware the support level at $1.2314.10-Year US Treasury Yield
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