Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Dx ??/Hal/Lee *PIC*
In Response To: Dx ??/Hal/Trades ()

Here is the DX chart. Price is simply in a 4 month channel from 73 to 76 50. The top of the channel at 76.50 is also at the 200ema which has stopped DX in its tracks for years. A cross above 76.50 that holds would be wildly bullish DX and suggest a multi month rally of signficance and have a strong effect on many markets. So watch the top of that channel for direction. Until then resistance is resistance.