USDX 4 Hour Chart — image

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USDX 4 Hour Chart - Intraday Update — Well it better start bouncing pretty soon or look out below .... FOMC minutes this evening as well ... image

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4 hour chart — Okay, this is what I am looking at. Price action is above my daily pivot (magenta line), my weekly pivot (aqua line) and my monthly pivot (lime green line). It's also above my moving averages. It's also done a range of approx. ...

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Wow, this thread has dried up. Is everyone in shock? Or nursing short positions? Reminds me of the Cable thread some time ago when one of the more colourful characters was banned. The thread just died a slow death. Now it seems to be picking up ...

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USDX 4 Hour Chart — Could turn here - has had support in this area before (circled). Or could carry on down to 79.40/50 area and bounce ...... or could break ..... image

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I second that.

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USDX 4 Hour Chart — image

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So, I take it, you can't see the UK joining the Euro then? Trichet is welcoming us with open arms ... I'm not expecting a lot at the moment either. Just more chop and I've been taking little bites here and there. For me, it's basically done it's ...

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Hey Stew What are you seeing for the rest of the year (just out of interest)?

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I always appreciate your charts and commentary - always so clear. Thanks

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I have, many times but I always thought that it meant something along the lines of "that nagging, lazy, money grabbing cow I have at home" So I had to think about that one. Told ya I'm a bit slow sometimes. I even looked it up and the meaning ...

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Well Notch was the only one that said that I look ripped (even though it isn't really me but he didn't know that when he initially commented) so he's cool for school and, you've got to admit, his numbers were pretty spot on a lot of the time. Always ...

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I've never thought of the Euro as a female dog. Mmmmm, interesting ....

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Yeah, sorry, I do to. My pivot was from July 3, 21:00 GMT. Need to update them now.

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I've got a S1 pivot at 1.3943 (hope my levels are right!), if that is any help and it always likes that 20 area

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Hi Stew, sorry only just saw your message. Oh, I don't know, I know I bang the long drum but after scanning my charts this weekend, I think it might have a bit of a pull back. Well that's what my charts are telling me - they're just not looking gung ...

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The bloke that wrote the articles (John Browne) is part of Peter Schiff's gang at Euro Pacific Capital and if you know Peter Schiff you know that he was banging on about the housing bubble way before it happened. He got laughed off CNBC (I think) ...

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Cor, you must be a delight to be around! I know it's not a laughing matter but I'm not quite ready to slit my wrists just yet ....

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But those articles were pretty much saying what you have been talking about. A figure that is more like 20% unemployment, a bear market in equities until at least 2012, plenty of talk of green shoots but it's just "falling leaves", China and India's ...

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Hey Gator Here's two articles you might find interesting url url I've been scanning my charts this weekend (as usual) and by the looks of things, I think even I'll be looking for short positions until around 1.3850, 1.3800 or maybe even 38.2 ...

EURUSD