Dollar rally

[aPismoClam]

1.40 in what, the dollar index? maybe in the next 5 years, unless europe gets nuked by al quaeda or aliens or something.

definitely would expect the highs again, all other things being equal. however, they may not be.

 

[aPismoClam]

Quote from downrivertrader:

I did not think he was talking about the $Index. Sorry. Was thinking EURUSD currency.

DRT

which would imply a dollar index decline of about 30%....making less sense all the time.

 

[downrivertrader]

Dollar Index. Regression Channel connecting the 1985 high to the 2001 high. Same story. Moments of truth are fast approaching. Looks like it is set up to move down, but a thrust upward into the top channel would be very powerful most likely.

DRT

 

[downrivertrader]

Last but not least, the star of the show....Da Bonds.

Posied at the bottom of the channel. Bounce up or failure to the downside?

 

[Kevin Schmit]

Quote from marc5193:

After extensive technical analysis I think it is highly probable
we will see 1.40 + within the next two months.

1.40??? !!! In the EUR/USD? Not unless "Printing Press" Ben
goes wild and starts lowering rates.

I just don't see it.

Good luck anyway!

 

[ForexPro]

Unless the jpy carry-trade collapses, thus resulting in a liquidation of high-yielders to buy back yen.

 

[NTB]

I'm sure he's talking $/Eur and is all confused.