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USD/CHF, USD/SEK Lose 2021 Uptrends; USD/NOK Retains Bear Flag Breakout Posture

USD/CHF, USD/SEK Lose 2021 Uptrends; USD/NOK Retains Bear Flag Breakout Posture Advertisement US Dollar Outlook: Even though May is the best month of the year for the US Dollar (via the DXY Index) from a seasonal perspective, significant technical weakness has set in after the extremely disappointing April US non-farm payrolls report. Both USD/CHF and USD/SEK have traded below their intrayearly uptrends, while USD/NOK’s bear flag breakout remains on track. Non-Major USD-crosses Still Look Bea...
Christopher Vecchio Federal Reserve Still Look Bear Flag Breakout Slow Stochastics Sentiment Index

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