Tag Archives: euro

The US Dollar Index and Euro War Continues

Posted on March 17, 2011 by David Durand

I’ve just posted a number of market timing tweets as DavidBDurandMD on Twitter. The summary is that the Euro is at the moment winning over the US dollar which effects the US dollar index more than the drop of the … Continue reading →

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Market Timing the Euro and US Dollar Index: An Update

Posted on March 17, 2011 by David Durand

The US dollar index broke the first level of support at the long term up trend line and is now challenging the Nov 2010 low. It is likely to hold here, because the yen looks like a blow-off top today … Continue reading →

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Euro Attempts Breakout and Fails for Now

Posted on January 21, 2011 by David Durand

(UPDATE on 1-24-2011: Please see the comments below this post. This was a decent place to trade against the Euro, but the dollar reversed and failed support, so the trade was exited at a small loss. If you follow your … Continue reading →

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Dollar Reverses Fakeout Breakdown: Sell the Euro

Posted on January 20, 2011 by David Durand

The US dollar index just reversed the prior breakdown this morning and we’ve got a market timing signal. It does that once in a while and when it does, it can work out as a good reversal trade. The market … Continue reading →

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Time for the Euro to Come Down Again

Posted on January 18, 2011 by David Durand

The US dollar index is at the base of the recent market timing range and the Euro is at the top. Time for that to reverse. Europe cannot stand having a strong currency when more than ever they need an … Continue reading →

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