US dollar chart

Discussion in 'Currencies' started by Silverthorn, Jul 9, 2011.

  1. Silverthorn

    Silverthorn Well-Known Member

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    Looks like a decision point coming up for the US dollar!

    [​IMG]
     
    Silverthorn, Jul 9, 2011
    #1
  2. fishball

    fishball New Member Silver Stacker

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    Doesn't look too good with the payroll report @ 9.2% unemployment but it's getting offset by the Euro debt crisis as well, seriously cannot say which way it will head right now although I'm bearish on the USD :D
     
    fishball, Jul 9, 2011
    #2
  3. Wout

    Wout New Member

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    im calling down
     
    Wout, Jul 9, 2011
    #3
  4. Silverthorn

    Silverthorn Well-Known Member

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    Silverthorn, Jul 9, 2011
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  5. topaz

    topaz New Member

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    I also doubt that this could be a signal for a rebound. What should be the fundamental driver? I just see worsening finances at the states and munis. Trend is down and in my opinion in a quite ugly way
     
    topaz, Jul 10, 2011
    #5
  6. jparrie

    jparrie Member

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    I am also a chartist from way back, but on this occasion I'm sticking firmly with the fundamentals.
     
    jparrie, Jul 10, 2011
    #6
  7. rbaggio

    rbaggio Active Member Silver Stacker

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    * Short term I'm bullish on the USD (I think it will rally over the coming months vs the Euro, and to a lesser extent other currencies ... solely due to the Euro crisis, which is going to take the financial headlines away from the US. Might see AUD buying USD 80c.)
    * However, long term I'm bearish on the USD.

    I have no charting skills, nor can I read tea leaves. Just the vibe, Mabo, and all that.
     
    rbaggio, Jul 11, 2011
    #7
  8. jpanggy

    jpanggy Active Member

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    i call poop will go up in relation to u.s. dollar
     
    jpanggy, Jul 11, 2011
    #8
  9. Silverthorn

    Silverthorn Well-Known Member

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    the dollar broke higher and then collapsed. Looking vulnerable now.

    [​IMG]
     
    Silverthorn, Jul 23, 2011
    #9
  10. Ag

    Ag Well-Known Member Silver Stacker

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    "MEDIC! MEDIC! WE HAVE A DOLLAR DOWN CALLING ALL MEDIC'S!"
     
    Ag, Jul 23, 2011
    #10
  11. Old Codger

    Old Codger Active Member Silver Stacker

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    I could not possibly bet on the Dollar going up, apart from short term fluctuations.




    OC
     
    Old Codger, Jul 23, 2011
    #11
  12. hiho

    hiho Active Member Silver Stacker

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    the great ironical or moronical fact is that if the debt ceiling is lifted the dollar will go up and if it isnt the dollar will go down as we are seeing nervousness here.
     
    hiho, Jul 23, 2011
    #12
  13. Silverthorn

    Silverthorn Well-Known Member

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    Silverthorn, Sep 7, 2011
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