US Dollar

[Agalenel]

Since the thread for the indices has worked out well, and the dollar has made some significant moves today, I thought it would be a good idea to have a similar thread on USD too.

http://stockcharts.com/h-sc/ui?s=$USD&p=D&b=5&g=0&id=p49969229533

Today was pretty significant as:

1) The price broke through the MA (50)
2) The H&S neckline was also broken
3) Today's action was preceded by a negative MACD and RSI divergence
4) ADX also had a negative crossover a couple of days back

[agvamihuuzo]

The next level of support seems to be the 38.2% level i.e. 83.63 pretty much where it is sitting right now. IMHO, things are looking pretty bearish and I am long gold.

Damn!! It looks like the image is not showing!! I can never get this part to work http://onlinetradersforum.com/styles/default/xenforo/clear.png. So, please find it as an attachment below.....:beerglass:

P.S.: Any help on how I can get the annotated images from StockCharts inserted will be most appreciated!! I am beginning to think you cant link the annotated charts if you dont have the paid subscription....

[AishaCause]

You got to save them to your computer and upload them to a image hosting site such as tinypic.com (method I prefer) or upload them using the forums itself by clicking on the paper clip icon when posting a reply.

[admin]

Thanks for the help with the images! I did try the paper clip icon but that didnt work. I will give tinypic.com a shot.