XJO 0.12% 7,822.3 s&p/asx 200

Mongo, to help re-channel your thinking away from whatever...

  1. 320 Posts.
    Mongo, to help re-channel your thinking away from whatever Bringiton is trying to achieve - USD analysis. Surged on Friday night - interestingly, as of Tuesday's COT report, the commercials had added a staggering 6,000 shorts, which can only have surged even higher into Friday as they took the opposite side of the fund price chasers.

    What's your analysis telling you? Many are calling for another 08/09 surge in the USD, but one thing I've learnt is you don't want to be opposing the big guys - they always win when the time is right.

    Anyway, curious to know what your charts are telling you.
    Thommo
 
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