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The USD Index breached two important supports yesterday: the declining support line and mid-September low. And that is influencing the short-term outlook - so, what are the scenarios for the upcoming moves exactly?

Over in crude oil, black gold took more than its fair share of time before responding to the USD weakness with an upswing in the end. And as yesterday's USDX downswing has left a mark on the greenback's short-term outlook, the oil bulls are striving to add to their gains also today. What are their prospects?

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The USD Index went down yesterday again, this time stopping at two important supports: the declining support line and mid-September low. The news of Brexit deal being reached is testing them more than thoroughly. Will they be strong enough to prevent further declines before the USD’s long-term uptrend resumes?

Meanwhile, seesaw trading goes on, as yesterday’s upswing gave way to a lower open earlier today. Given the declining USD, couldn’t black gold have acted just a little bit stronger? Let’s take a look what it means for our open position – time to head for the exits, or brace ourselves for a more opportune exit point being hit?

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The USD Index reversed lower yesterday as the Brexit negotiation breakthrough speculation hit the tape. Importantly though, the decline was stopped by the closest support at hand. And the dollar is holding up quite well despite today's weak retail sales figures. Does it make the current situation similar to the September's broad bottoming?

Meanwhile, crude oil is seemingly trading on a seesaw in the last few days. Moving higher earlier, it gave up all of its gains this week. What can we make of such moves that cancel each other out? Is there any sign that would favor either the upswing or the downswing continuation? Yes, and it tilts the scales even more in a certain direction...

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The USD Index scored some gains yesterday, and is rising also today. Just how similar is the situation to the September's breakdown before the rising support line? Let's examine whether the recent downswing brought any changes to the outlook or not.

Meanwhile, crude oil bounced from its yesterday's lows, and the oil bulls rebuffed another attempt to move lower earlier today. Does that mean that the upswing can continue now, or a cautious approach would win the day?

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