USD daily chart is bullish and opposite for EURUSD. Bring on the
OVERDUE dollar rally ...
OVERDUE dollar rally ...
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Market Outlook
- Thread starter GrandSupercycle
- Start date
USD daily chart remains bullish but is overbought and needs a pullback.
EURAUD daily chart is now bullish.
EURAUD daily chart is now bullish.
SP500 intra day chart is neutral/bearish. Daily is bearish. Weekly
is bearish.
EURAUD and GBPAUD bullish daily chart strengthens and further upside
expected.
As mentioned, GOLD weekly chart is very overextended and significant
correction still expected. Daily chart is breaking down.
USD bullish daily chart strengthens and opposite for EURUSD,
AUDUSD etc.
It appears USD is so bullish, no meaningful retracement and
opposite for EURUSD.
is bearish.
EURAUD and GBPAUD bullish daily chart strengthens and further upside
expected.
As mentioned, GOLD weekly chart is very overextended and significant
correction still expected. Daily chart is breaking down.
USD bullish daily chart strengthens and opposite for EURUSD,
AUDUSD etc.
It appears USD is so bullish, no meaningful retracement and
opposite for EURUSD.
SP500 intra day chart reverts to bearish.
Looks like overbought dollar retracement is starting at last so...
SP500 intra day chart reverts to bullish.
More frequent updates at blog.
http://stockmarket618.wordpress.com
SP500 intra day chart reverts to bullish.
More frequent updates at blog.
http://stockmarket618.wordpress.com
USD overdue retracement and recurring equity buying now results in
bullish SP500 daily chart - warning of a break out and rally.
bullish SP500 daily chart - warning of a break out and rally.
SP500 intra day chart reverts to indecisive/bearish sideways chop.
Dollar strength conflicting with equity buyers again.
My analysis of the current market dislocation: equities fluctuating
between bullish and bearish may be anticipating QE3 but the FX
market isnât yet. SP500 weekly chart remains bearish so big picture
has not and will not change.
GOLD overextended weekly chart continues and significant correction
still expected. Daily chart continues to break down.
Medium and long term outlook for bearish EURUSD and bullish USD
continues. The very overdue dollar rally should be substantial.
EURCAD / EURAUD / EURNZD / EURSGD uptrend continues.
Dollar strength conflicting with equity buyers again.
My analysis of the current market dislocation: equities fluctuating
between bullish and bearish may be anticipating QE3 but the FX
market isnât yet. SP500 weekly chart remains bearish so big picture
has not and will not change.
GOLD overextended weekly chart continues and significant correction
still expected. Daily chart continues to break down.
Medium and long term outlook for bearish EURUSD and bullish USD
continues. The very overdue dollar rally should be substantial.
EURCAD / EURAUD / EURNZD / EURSGD uptrend continues.
Futures fell from highs after economic news came out this morning. but have ramped right back up due to the news that the ECB took a coordinated effort with the Federal Reserve to boost dollar liquidity.
REMEMBER there is no such thing as failure in this world, if there is a problem they will do anything and everything to solve it even if they are going the wrong way about it they still just do anything to prop up the system, hahaha!
On the economic front, weekly jobless claims for the week ending Sept. 10 gained 11,000 to an adjusted 428,000. Economists polled by Reuters expected a reading of 410,000, compared with 414,000 in the prior week.
Meanwhile, the U.S. inflation rate slowed down slightly in August as gasoline prices rose at a more modest pace, according to the Labor Department. The CPI increased 0.4 percent last month, after gaining 0.5 percent in July.
A gauge of manufacturing in New York State contracted in September to minus 8.82 for a fourth consecutive month, falling to the lowest level since November, according to the New York Fed. Economists polled by Reuters had expected a reading of minus 4.0.
REMEMBER there is no such thing as failure in this world, if there is a problem they will do anything and everything to solve it even if they are going the wrong way about it they still just do anything to prop up the system, hahaha!
On the economic front, weekly jobless claims for the week ending Sept. 10 gained 11,000 to an adjusted 428,000. Economists polled by Reuters expected a reading of 410,000, compared with 414,000 in the prior week.
Meanwhile, the U.S. inflation rate slowed down slightly in August as gasoline prices rose at a more modest pace, according to the Labor Department. The CPI increased 0.4 percent last month, after gaining 0.5 percent in July.
A gauge of manufacturing in New York State contracted in September to minus 8.82 for a fourth consecutive month, falling to the lowest level since November, according to the New York Fed. Economists polled by Reuters had expected a reading of minus 4.0.