USD − From Zero to Hero
Pierre Charlebois from Trading Metro at 12/21/09
The last two weeks the USD has gained extremely well and seems to have signaled an overall trend change. Having said that, the strong move is due for consolidation/correction so use caution this week with thin volume ahead of the Holidays. Have a happy Season all and I will see you in the New Year.
USD Index - Correction due/coming?
EUR/USD - Consolidating?
GBP/USD - Still making a series of corrective looking moves - Direction unclear
USD/CHF - Correction/consolidation due?
AUD/USD - Down trend looks weak
NZD/USD - Not a convincing trend here either
USD/CAD - Stuck in a range - Anything can happen
EUR/JPY - Surprisingly quiet - But the short term trend points up