Keep an eye on the US Dollar Index ($DXY) as it is the cause for the runs in the Euro and Oil, as well as virtually all the other commodities that are trading at multi-year and all-time highs.
Check the ticker for the latest...
Monday, April 21, 2008
Another Dixie Breakdown?
The Euro (FXE) and Oil (USO) may have more upside left in them if the dixie heads south through this possible triangle/wedge...
Keep an eye on the US Dollar Index ($DXY) as it is the cause for the runs in the Euro and Oil, as well as virtually all the other commodities that are trading at multi-year and all-time highs.
Check the ticker for the latest...
Keep an eye on the US Dollar Index ($DXY) as it is the cause for the runs in the Euro and Oil, as well as virtually all the other commodities that are trading at multi-year and all-time highs.
Check the ticker for the latest...
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