Posts Tagged ‘$USDX’

• The yen is telling an interesting story today…
  ragheehorner, February 9th, 2010 at 1:08 pm, Comments: 0

  Update:  Throughout this article I discuss the "yen" as in the Japanese Yen itself and the $USDJPY which ofcourse is the pair of the U.S. Dollar and Japanese Yen.
  So far the yen seems pretty unaffected by today's dollar sell-off through the major psychological level 80.00 and the Dow's rally back up through 10k.
  For most traders the $USDJPY [...]

• Two $EURUSD Set Ups to Watch.
  ragheehorner, February 8th, 2010 at 2:35 pm, Comments: 0

  Probably like many of you, the Red Bull cans are piling up as your try and stay awake today.  Boring markets mean accumulation cycles and that's what I'm patiently watching today.  The 60 minute chart of the $EURUSD has a nice asymmetrical triangle pattern as prices have formed an intraday triple top.  It's a soft [...]

• Any Given Thursday…
  ragheehorner, February 4th, 2010 at 8:39 am, Comments: 0

  With a week like this...there's hardly a typical day but that's the way I have to prep for each day.  Look for the set ups, know the data releases, keep an eye on volatility, and ofcourse my market cycles.  While the goal for each day is the same, how I'm going to get there can [...]

• The calm before the storm…
  kevinmhughes, January 26th, 2010 at 3:11 pm, Comments: 0

  Today was somewhat of a boring day. There were some moves that created some urgency, but were short lived.

• Oh what a night!
  kevinmhughes, January 26th, 2010 at 5:39 am, Comments: 0

  It's been for the most part a wild ride in the currency markets since Asia. We've seen the $USDX strengthen nearly 100 pips on against the $EUR & $GBP ($EURUSD $GBPUSD) as the commodity countries: $CAD $NZD $AUD ($USDCAD $AUDUSD $NZDUSD).

• So dollar…whatcha want to do now?
  ragheehorner, January 12th, 2010 at 8:06 pm, Comments: 0

  The U.S. Dollar Index rules most of my day.  I have a a love/hate relationship with the dollar because when I get it right trading feels like the easiest thing I can do...when I get it wrong trading feels like the hardest way to make an easy living.  I'm also seeing that the inverse correlation [...]

• Cable, Is Third Time The Charm?
  faithmight, January 11th, 2010 at 7:01 am, Comments: 0

  The $GBPUSD actually ended the first trading week of the year above 1.6000. To close the week above this major whole number and psychological level is a very bullish development no matter how you slice it. And then there is also the adage that January trading sets the tone for the year and the first [...]

• $EURUSD after consolidation
  kevinmhughes, January 9th, 2010 at 12:07 pm, Comments: 0

  The $EURUSD has been consolidating since December 20, 2009, but more importantly, the $EUR has been weakening against the $USDX (been weakening since 12/1/09). The bear flag (or consolidation) will probably continue for the next couple of days (169 pip range) before a natural break out.

• $EURUSD & $GBPUSD Levels for the NY session
  kevinmhughes, January 5th, 2010 at 7:36 am, Comments: 0

  I see some strength in the $USDX for the upcoming NY trading session...  Here are the support & resistances I will be watching....
  $EURUSD -

  $GBPUSD -

  Have a great trading day!!!
  Kevin Hughes is the President of K.M. Hughes & Associates, Inc. which is a currency trading firm,  based in Charlotte, NC.  For more information about the firm [...]

• $USDJPY and the boreness!!
  kevinmhughes, December 28th, 2009 at 9:49 am, Comments: 0

  On the 30 min chart