TVC:DXY   US DOLLAR CURRENCY INDEX
28 0 0
We expect to see the dollar trade down to sideways for the next two days. The markets are very confused right now, and we don't have the time to explain the expose. It's the same repeated news and data points we are hearing everyday, no real material change. The big question is whether or not the market will bite on the data and put in a cyclical top for the equity markets, if we start to show any signs that there may be new highs in the mix, we believe the dollar will, short term, lose it's momentum here. But that is pure theory and speculation, for now - stick to the charts.

Our euro             short, we are holding this, as linked below. We are hoping 1.07 holds regardless of what happens here. If it doss not, we will re-enter shorts at higher prices. Our kiwi short that we cut early was a good call, currently we are hunting for new shorts in the pair as it has popped on housing data that is nothing more than a volatility event.

Trade ideas active, and inactive related to this message attached below.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out