Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Thursday, 2 May 2013

US Dollar Index

Just a quick chart on the 14day cycle: the twitch uphill there looks to be supportive of the cycle changes on the dollar pairs. Whether it turns out to be a wave 3 ending or wave 5 is the question of course but all we can do is respond to the price movement and for now, that is up in dollar, albeit early days.
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