You're on fire pattyp. Research and exploring seems to
always help see the possible roads ahead.
Since you are looking at the USD, and other currencies,
you might enjoy looking at the forex action on friday night.
I have put together four pairs on 3 min charts.
On the usdchf chart I also run a goldusd.
On the usdjpy chart I also run a spx.
On the audusd chart you will see a spike up and then the usd
get stronger and then fairly flat.
On the audjpy chart you will see it fairly flat when the usd
was getting stronger but react quickly to the jpy getting
stronger.
The goldusd acts inverse to usdchf and reflexs the usd.
The spx was not concerned about the usd getting stronger
and dropped with the jpy getting stronger which simply
looked like a retrace on the usdjpy break out.
I don't follow the dollarindex or uup. I crawl inside and
explore. I find it fascinating.
regards paul
The forex action from Fri 11/12
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Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |