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

U.S.$ Index/Bouncing off Support *PIC*

DX is bouncing off long term support being the Oct and Dec lows. This level needs to hold as a breakdown below the Sept low of 79 would suggest a much more serious selloff with inverse markets rallying strongly.Price has been having lower highs since last July and needs to rally and clear the mid Jan high to suggest a rally to the congestion area of 81 again. Important test for DX right now that will affect most markets. Odd combination of what is occuring within the DX now with the Euro rallying but the once strong Yen plunging. It is making DX a bit of a basket case.

Messages In This Thread

U.S.$ Index/Bouncing off Support *PIC*
Re: U.S.$ Index/Bouncing off Support
Re: U.S.$ Index/Bouncing off Support/ncutt *PIC*