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I just think the market wants to rally. Last week, there was very good news for the dolllar, which exceed consensus forecasts, but no new lows were printed. Today, post-TIC data, the picture could of changed, but the EUR/USD rallied. So, at the moment, I cannot see what will revitalise the...

It could go higher. But the level is based on Fib 38.2% of 1.3665 - 1.1640. The market is very dollar negative at the moment. The upward channel, supports the view that the recent top 1.2335 will be taken out and the extension of that view is that 1.2415 will be hit. Similarly new lows will...

Will long again if a retracement occurs to the 1.2240 level (for better risk/reward). Target 1.2415 - should hit this week.

Thanks, but it might have been a bit premature. But as I stated late last week, positive dollar news wasnt translating to a higher dollar. Looks like a possible head and shoulders on the dollar index chart.

Closed long at 1.2238 for +140 pips

If it can hold today above yesterdays lows, I fancy this going forwards. At the moment, its just ironical that despite a lot of positive news flow for the dollar (esp 10 year yield breaking 5% today) it cannot make further gains against the euro, the yen, the franc or the pound.

Gone long now at 1.2098 sl 1.2050

I try to, you can get a lot of false breaks though a la the kiwi yesterday.

Not breached yesterdays lows yet. Will make a decision on this one, post michigan, but generally a long bias.

Short .725

I think the figures were perhaps so much above consensus that they are probably an anomaly. Also, the cross has lost all of its post-retail fig gains. So a false dawn.

Stop hit .6180 -50pips

Will be keeping an eye on this today. The ten year is near 5%. The market has priced in two more rate increases. The trade data was better than expected. All should be dollar positive. However, this cross just doesnt seem to be able to hold lower levels. If it can hold 1.2070 post data, I'm...

Why do you think its a one-off ivanovich? There could be a lot of pain on this cross if the outlook isnt for the RBNZ to cut rates.

Closed at .7313 for 17pips profit.

Long .6230

Just gone long at 1.145. New lows today and a lack of follow through. Tight Stop at 1.1420.

Short again at .7330. looking for .7260's

Anyone shorting at these levels. i am looking to short if it touches 119. Looks a good risk/reward play.

I've been to Tallinn. I really liked it, especially around the old town. Hollywoods on a wednesday was good.