by Serge Berger | Jun 28, 2011 | Uncategorized
The dollar continues it's march higher and is currently resting at resistance. It is however now the fourth time the dollar index tested the most immediate resistance area and as such the chances of a break higher are...
by Serge Berger | Jun 22, 2011 | Uncategorized
it's almost uncanny, check out this inverse correlation of the dollar index bs the s&p 500 on a 10 day 60 minute chart:
by Serge Berger | May 12, 2011 | Uncategorized
The dollar rallied further yesterday, bringing the EUR/USD back down to a multi-year trend line. In early April the dollar pierced through a downward sloping trend line near 1.42 at the time and now is retesting these levels. While this could provide some...
by Serge Berger | May 5, 2011 | Uncategorized
I know I know, a 1% up-move in the dollar index and people are getting all dollar bullish again. Our job here is to look for clues and remain impartial and vigilant as we meander through this jungle calle the market. One of the clues I tend to look for are...
by Serge Berger | Apr 18, 2011 | Uncategorized
We awake this morning with the euro down 0.50 % vs the greenback and some 'interesting' news, In Finland the 'anti'euro' party won a crucial stake in the parliament, which could mean the Portugal bail-out plans by the euro union will stall. ...