Dollar shows signs of pullback at key resistance level

• • Dec 30, 2012 11:29pm
  • #1
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  • pip_trader

    635 posts

  • I don't know. Is that even how to apply subject Fibs? Dollar is trading above the 13-DEMA (Bullish), pushing above the 50-DEMA (Bullish) and the S&P looks to be weakening. Lastly, it has bounced up from a double bottom which the second, almost identical PA level, was a beautiful bullish pinbar. May not be to much buying of /DX, but it is doubtful if the market sinks lower the dollar follows. US Dollar is still the world's reserve currency.
    
    Waaah waah wahhh I don't know. Is that even how to apply subject Fibs? Dollar is trading above the 13-DEMA (Bullish), pushing above the 50-DEMA (Bullish) and the S&P looks to be weakening. Lastly, it has bounced up from a double bottom which the second, almost identical PA level, was a beautiful bullish pinbar. May not be to much buying of /DX, but it is doubtful if the market sinks lower the dollar follows. US Dollar is still the world's reserve currency. Waaah waah wahhh
• • Dec 31, 2012 6:37am
  • #2
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  • Guest

    IP XXX.XXX.152.217

  • In my view.the DXY the is now stabilising . The chances od its UPSURGE /BULLISH TREND are just emerging . It may be around 83/84 region in few months .
    SAEED In my view.the DXY the is now stabilising . The chances od its UPSURGE /BULLISH TREND are just emerging . It may be around 83/84 region in few months . SAEED
• • Guest

    IP XXX.XX.91.94

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