USD Index

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thanks DA

cant help but think its all on now!

only against the JPY is the USD not rising

[Xerof]

That'll be coz the market is also selling JPY crosses Peat, so not too surprising

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a strong sign of risk aversion in general

[ananda77]

Prechter on the USD:

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

Kind Regards

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USD Index is now breaching EWI stop point.

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quite a big leap overnite

[dumbass]

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.

[airedale]

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]

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]

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.