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Xerof
18-10-2005, 10:24 PM
Is the range about to break?

http://img359.imageshack.us/img359/23/index6kz.png

Xerof
24-10-2005, 10:32 AM
update of big piccy - nicely defined Regression Trend Channel, with index prodding the major trendline again. Good one to watch in case we have a breakout for USD. Bottom of RTC meets trendline this week....should be a defining moment.....

http://img388.imageshack.us/img388/6109/usdindex6me.png

Xerof

Xerof
05-11-2005, 03:38 PM
quote:posted 4/11 in the chitchat thread

The USD Index has had a daily close above the longer term resistance line for the first time this year.

I'm wondering if we are about to enter a trending market at last, but plenty of time for confirmation - a weekly close above 90.50 would be nice, but will wait to see what the market tells us on that score



http://img451.imageshack.us/img451/1743/usdindex3ww.png

First daily, now weekly close well above T/L. Monday should be interesting

Xerof

peat
26-06-2007, 08:37 AM
I watched a video on Elliotwave.com this morning re a USD rally with an EW count on the index. It opened the possibility that the index was bullish given a 5 wave count off the bottom, but he ultimately discounted this interpretation unless it confirms with new and strong highs in which case this would be a wave 3. I'll put some pictures or a link up later if anyones interested.

slam
26-06-2007, 09:58 AM
quote:Originally posted by peat

... I'll put some pictures or a link up later if anyones interested.


Hi Peat
yes please:)
I have been away from forex for a few months with just having the odd dable ( which did me no good at all[B)]).
Now gathering info again and need to do a few weeks swat to catch up with whats what.
tia
Slam

peat
26-06-2007, 05:51 PM
try this - i think it will work for anyone.

http://www.elliottwave.com/subscribers/dxc/

arco
27-06-2007, 01:20 PM
Thanks Peat

Very interesting....are you taking a trial subscription ?

It would also be interesting to see how they do on the currencies.

regards - arco

peat
27-06-2007, 06:29 PM
i get their emails and have a logon but no money has changed hands.

peat
16-08-2009, 12:38 AM
interestingly I've been looking for this thread and not only is it about the USD index but its EWI and Prechter getting mentioned.
Bob is calling a major bottom for the USD now... and he might be right but the butterfly B point is at 62% retracment and not at 78.
D certainly bounces off 127 nicely tho.
the cloud weighs heavy above but it is thinning out when it gets easier to break through huh? - there is lots of historical resistance at 79.5 - 80 and none of the ichi moo cow indicators have bellowed - so strictly speaking hasnt confirmed in any way.

given that we cant trade the index what actual pair is the strongest component of the index ?

dumbass
16-08-2009, 06:09 AM
hi Peat , this is composition of dollar index which is dominated by euro, which i suppose makes sense as its representative of 15 countries.

http://iforce.co.nz/i/nnrxjdbd.gif (http://www.iforce.co.nz/View.aspx?i=nnrxjdbd.gif)

peat
17-08-2009, 12:23 PM
thanks DA

cant help but think its all on now!

only against the JPY is the USD not rising

Xerof
17-08-2009, 12:57 PM
That'll be coz the market is also selling JPY crosses Peat, so not too surprising

peat
17-08-2009, 01:39 PM
a strong sign of risk aversion in general

ananda77
18-08-2009, 05:33 PM
Prechter on the USD:

http://www.zerohedge.com/article/robert-prechter-dollar

Kind Regards

peat
08-09-2009, 06:29 PM
USD Index is now breaching EWI stop point.

peat
27-10-2009, 07:03 AM
quite a big leap overnite

dumbass
27-10-2009, 08:55 PM
it does appear the dollar index may have put in a significant bottom .
ending diagonal fifth wave has the required 5 waves subdividing into 3's.
confirmation will come from the break of the upper channel line of the ending diagonal.


http://iforce.co.nz/i/mjc1ymoq.jpg (http://www.iforce.co.nz/View.aspx?i=mjc1ymoq.jpg)

airedale
28-10-2009, 08:10 AM
Hi DB, the index at 76 is at a significant point, but my take is that it will likely to go further south to last year's [july-october] level of 72. The fed printing presses are still rolling.
Watching with interest:)

dumbass
28-10-2009, 10:40 AM
hi airedale , my take is that there has been a completed 5 wave pattern and we will now see a reasonable correction ( dollar strength ). maybe to 82 - 85
i will wait for a break of the upper trendline of the diagonal to go long usd but big picture is for massive long term dollar weakness.

dumbass
17-01-2010, 10:57 AM
bullish expectations should continue for USD .

inverse head and shoulders on h1 which may signal the end of wave 4 and therefore more usd strength in weeks ahead.

http://iforce.co.nz/i/u14130eq.jpg (http://www.iforce.co.nz/View.aspx?i=u14130eq.jpg)

http://iforce.co.nz/i/xsfor25t.jpg (http://www.iforce.co.nz/View.aspx?i=xsfor25t.jpg)

dumbass
24-01-2010, 09:16 AM
More dollar strength likely as there should be one more wave higher before a retracement kicks in and then a position for another long.


http://iforce.co.nz/i/j0aiqmzz.jpg (http://www.iforce.co.nz/View.aspx?i=j0aiqmzz.jpg)

dumbass
30-01-2010, 06:51 PM
price searching for a top which should bring a reasonable retracement before dollar

strength returns.

5 waves up with possibilty for a completed pattern around 79 - 80.

retracement to 77 area before resumption of uptrend.

good to hear your thoughts on this one arco.

http://iforce.co.nz/i/2adz0bzz.jpg (http://www.iforce.co.nz/View.aspx?i=2adz0bzz.jpg)