The range continues in the USDX and the EUR/USD which have been our primary focus as of late. We are trying to get a tell on which way the range will break and to this point several possibilities remain valid so continue to play both sides near the critical levels we discussed earlier this morning […]

USDX headed to the bench for oxygen in the European session after what has been a dramatic move higher for the week. We still prefeer this downside to be corrective while above 74.90 and 74.20 today. The corresponding levels I’m watching for the EUR/USD are 1.4300-1.4340 and the 1.4500 swing high. The move higher from […]

Going into the European open I would encourage you to read (if you haven’t) over the Overview posted for the U.S. close. We are holding the levels mentioned for the USDX and EUR/USD, but prices need to finish up here very soon to keep the structure pointed our way for the very near term. Asia […]

Daily technical video updates for 6.8.2011, we see a USDX ending a cycle the question is if the cycle is the end of the correction or is just either wave I of 5 or wave or wave I or C.

Guys, see the USDX making the final move to completed a 5 waves move , so we are expecting a bounce in the USDX , the nature of the bounce will dictate the next two mothns of trading. thanks