3 replies to this topic

[VolPivots]

Though dollar in all likelihood still has much further downside in the quarters/years ahead, current rally still looks incomplete. If we do indeed go higher, we may well see rangebound trading for months.

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$usd,uu[h,a]mhoayyay[d19940515,20040531][pc13!c27][vc60][iut!le13,27,9][j30777600,y]&r=0549.gif

[VermeerUK]

marketneutral, Thanks for posting that US dollar monthly chart...Useful! Tend to agree with you(although not looking to trade it 'yet'... soon though)......As long as it can hold on to the 90 level tis still bullish ST/MT,imho..(The 'index'took what seemed like an age to break 90 late last year) Also that green square you've put on the chart covering '04 is an interesting area of chart. There's a nice inviting 'gap' waiting to be filled(opened mid to late September '03)just above the 95 level(keys in with that green area on your chart) 'Dollarbear' has just posted a couple of $index charts on Fearless Forcasters board. Check the first chart out,you'll see the particular 'gap' i mentioned. Regards.V

[VermeerUK]

Link to 'Dollarbear's charts below.

http://www.traders-t...showtopic=13211


Regards.V

[Mike]

You can also see the gap here:
Dollar chart 4th one down