This past week was pretty challenging when it came to figuring out how to position ourselves in relation to the dollar.
For USDX, the week prior saw a pretty solid bounce up off a support level around the 75 mark, and it was looking good for a bottom reversal call. Fast forward to late [...]

Do you ever feel, well, flabbergasted at all the news and gossip offered up in the mainstream media about the US dollar (or any market for that matter)?
One day, it’s nothing but doom and gloom, with reports that some UN committee or other is proposing that the dollar be replaced as the world’s de facto [...]

In this week’s presentation, we look at the Big Picture on the EUR/USD – anticipating a top of major significance (concurrent with a bottom on the US Dollar Index), and then confirming the trend reversal.  It was a very tricky week in terms of identifying the top in real time, and [...]

In your trading experience, is it enough to know what the trend is, or even how far it should go before reversing?
Chances are, you – just like every one of us – have at least once felt excited on realizing a major breakout or trending market was underway as expected. You [...]

Back in August, we had been holding out the possibility of a US dollar bottom and concurrent top in EUR/USD.  It looked good for a short time, but then price went into yet another long, drawn-out corrective process.  When that became apparent, we immediately scaled back on our short-selling ambitions the [...]

For this week’s discussion, we turn our attention to the popular GBP/JPY cross-pair, one of 13 markets for which forecasts are prepared for our paid subscribers on Saturday each week. As per usual custom, we look at the latest forecast and compare that to actual price action as it unfolded into [...]