current snapshots, as the crow flies
current snapshots, as the crow flies
Just a quick idea on AUD, if breaks through 74 could be a bigger correction that would be 1 down or 2 up, or just break through 76 and up... anyway majors are tightly flipping whilst crosses have been wild
weekly bearish looking dips towards 10 figure as bear
Analysis of dollar index
Greetings, I made some comments on my friend's blog Vicktor who inspired me to start my own blog on the Dollar Index, DXY, and also using FXCM's newer index, using a slightly different mix. You can find the an article on it here: http://blog.tradingview.com/?p=1253
similar as I said on GBPUSD, it is hard to say, sideways action, you can take a view on what's already there, based on the prevailing theme
Buoyancy in the pound may be terminated. I will suggest Sell Limit at 1.5711 that expires before Friday close, and then Monday see again, another Sell Limit at 1.5805. Any higher and we could be for a serious move to 1.6, otherwise would like to sell on retreating below current prices.
Hello friends, looking at UJ for the mid / long term trades. Made a trade from 122.22 to 123.31 and the pair went quite a bit further before coming back to 123... it is my expectation for some consolidation that would signal more uprising, but I am worried about a bigger equities sell-off! and S&P500 correlating with UJ but even if so Uj may stay supported? Also if the dollar is not rising broadly for the next few months there could be de-corellation in the majors pack, if so maybe USCAD would be a better long?
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