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US Dollar Index -Bullish Sign

 
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Author US Dollar Index -Bullish Sign
chrome
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Post: #1   PostPosted: Wed Nov 24, 2010 12:51 pm    Post subject: US Dollar Index -Bullish Sign Reply with quote

US Dollar taking support now at 50 days EMA (near 78 level) and had kissed the top of 100 days EMA @ 79.80 !!

RSI in bullish mode above 50 levels , so is my customed STS-39.

US Dollar if able to trade and sustain above $80 in near future, it will not be a good sign for commodities which are enjoying the bull run for quite a long time now.



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ConMan
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Post: #2   PostPosted: Wed Nov 24, 2010 4:34 pm    Post subject: Reply with quote

Hi Chrome

But how do you mention that this uptrend will be good for commodities ... It should be the other way round rite?

Regards
CP
AEOM
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rocky1980
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Post: #3   PostPosted: Wed Nov 24, 2010 4:47 pm    Post subject: usd-chf on triangle berak Reply with quote

hi traders

USD-CHF rally on cards means - markets to fall -more
pattern formation at bottom - huge upside

chart attached for reference

regards
rocky1980



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chrome
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Post: #4   PostPosted: Wed Nov 24, 2010 5:10 pm    Post subject: Reply with quote

ChulbulPandey wrote:
Hi Chrome

But how do you mention that this uptrend will be good for commodities ... It should be the other way round rite?

Regards
CP
AEOM


Hi CB,

pls read again my post !!! I said It will not be a good sign for commodities !!!!
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ConMan
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Post: #5   PostPosted: Wed Nov 24, 2010 7:55 pm    Post subject: Reply with quote

Oh Yesss ... Sorry 24
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mithu2
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Post: #6   PostPosted: Wed Nov 24, 2010 9:21 pm    Post subject: Reply with quote

acording to ichimoku chart there is a resistance of cloud at 79.9


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chrome
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Post: #7   PostPosted: Thu Dec 09, 2010 2:55 pm    Post subject: Re: US Dollar Index -Bullish Sign Reply with quote

chrome wrote:
US Dollar taking support now at 50 days EMA (near 78 level) and had kissed the top of 100 days EMA @ 79.80 !!

RSI in bullish mode above 50 levels , so is my customed STS-39.

US Dollar if able to trade and sustain above $80 in near future, it will not be a good sign for commodities which are enjoying the bull run for quite a long time now.


US dollar set-up for 84 now...



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