USD 0.37% $13.54 betashares u.s. dollar etf

usdindex update, page-3

  1. 1,937 Posts.
    gold bounced back up to a resistance line this morning, eu sitting on a support line, and copper itching to break out up a channel.

    it's not as simple as the eur driving the dollar, and the dollar is driving commodities, but there is a confluence of trend supports currently - they would all be back feeding into some quasi US dollar demand I'd suggest.

    gold suggesting it could break upside of 1364
    copper likewise - a bull flag
    eur suggesting a bounce of channel support

    i'm loose - am happy to go either way
 
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