U.S. Dollar Index is on the pad and final checks are being undertaken.

Discussion in 'Currencies' started by tolly_67, May 17, 2014.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    That would be "Reason to Believe" period I suppose.

    Or maybe "I don't want to talk about it".

    ;)
     
  2. tolly_67

    tolly_67 Well-Known Member

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    Yes, who can forget those poignant lyrics that sum up his devastation of missing the peak. " I don't wanna, talk about it...."
     
  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    Or his final words to his dealer Maggie May:
    You made a first-class fool out of me but I'm as blind as a fool can be, you stole my heart but I love you anyway.
     
  4. aleks

    aleks Well-Known Member Silver Stacker

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    I'm thinking a short term move down in usdx is more likely now as the euro looks like its being held at these levels and setting up to move higher and break into 1.11s maybe 1.12s
     
  5. tolly_67

    tolly_67 Well-Known Member

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    I see the opposite.
    I would not be surprised if the u.s. dollar index breaks the 100 next week. Uncertainty in Europe and negative rates in Japan. The rush to safety is gathering steam. The Euro is showing very little strength and for good reason. It is a dead currency walking.
     
  6. aleks

    aleks Well-Known Member Silver Stacker

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    :cool:

    looks like we drag the euro shorts across hot coals before we break 1.05 to the down side
     
  7. tolly_67

    tolly_67 Well-Known Member

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    Yes. Some serious wrong footing being set up here.
    Feign left and go right.
    This will be quick with a lot of red faces after being caught with their pants down.
     
  8. tolly_67

    tolly_67 Well-Known Member

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    You did well aleks to pick the short move down. One last shake and bake.
     
  9. House

    House Administrator Staff Member

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    FTFY :D
     
  10. aleks

    aleks Well-Known Member Silver Stacker

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    lol so much butt hurt, gotta love being in a traders market.
     
  11. dollars

    dollars Member Silver Stacker

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    great call from last month

    cheer$
     
  12. aleks

    aleks Well-Known Member Silver Stacker

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    A good chance 1.1380 to 1.14 could be the end of this euro run which would mean 95 to 94.80 down side in USDX. This could be a big enough move for the banks to decrease their USD shorts and set up for this move above 100 finally
     
  13. tolly_67

    tolly_67 Well-Known Member

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    I'll go with that.....
     
  14. tolly_67

    tolly_67 Well-Known Member

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    This will coincide with a gold price just over the $1200 mark.......
     
  15. aleks

    aleks Well-Known Member Silver Stacker

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    Markets are looking more lively than a morgue at the moment

    I think we seeing some accumulation around these levels, if euro tanks so should gold and indexes will rally, but would still like to see USDX hit into 94s
     
  16. aleks

    aleks Well-Known Member Silver Stacker

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    Decent move down in the euro but looks like its setting up to rip higher after breaking into 1.09s and head back towards 1.14s
     
  17. tolly_67

    tolly_67 Well-Known Member

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    That could be enough to send gold to the $1300 mark.
     
  18. SilverDJ

    SilverDJ Well-Known Member

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    So did I blink and miss the USD moon shot?
     
  19. tolly_67

    tolly_67 Well-Known Member

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    No...still orbiting the earth....
    It won't happen over night....but it will happen. This 100 on the index is the real test. It might take a bit more time to build the energy to blast through but when it does.....wheeeeeeeeeeee
     
  20. SilverDJ

    SilverDJ Well-Known Member

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    Says who?
     

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