USD index

[Cswim63]

Still waiting for some kind of capitulation move. Think we are getting some of it in gold.

 

[SunTrader]

IMO Gold currently might find a short term bottom around 1200-1205 area. Likely won't hold for long though.

 

[Cswim63]

Out of my long USD on Euro push down to 1.1615 area. Had good profits, just going to watch now. Aussie, Nzd never got a good push, so I dumped. I'll wait for the next setup.

 

[themickey]

USD Index may have topped out here.
Looks bearish from this side of the Indian Ocean and this time of night.

 

[SunTrader]

USD Index may have topped out here.
Looks bearish from this side of the Indian Ocean and this time of night.

You might be right but the day is still young on this side of ocean.

 

[Cswim63]

I'm also leaning toward bearish USD at the moment. Just lost all momentum. Beware the (summer) market. Thinner. Could easily spike against the current trend. USA housing starts were down quite a bit if that's a real number. If that trend continues, the markets are going to react. Obviously you'd have to wait till next month, but it's not a good sign. Any weakness would cast doubt on the ability of the Fed to raise, which the market has banked on. Euro keeps going to the edge of the cliff and rallying. Again.

 

[Cswim63]

Short USD against EUR, Jpy.

 

[ElectricSavant]

So your long EUR/USD and short USD/JPY

Short USD against EUR, Jpy.

 

[treeman]

That’s a gutsy position.

 

[Cswim63]

Scratched it. Yeah, it's against the trend. Thus it's got to work right away or it's gone. There was some selling in USD but not much follow through right now.