Tuesday, August 2, 2011

More Strange Behavour

We know that a strong dollar usually means a weak market, the FXE (Euro) is the inverse of the Dollar Index, so when we see strength in the FXE, it means the Dollar Index should weakness, which has inverse correlations with the market.

 FXE strengthening 1 mn

 FXE 10 min

 FXE 15 min

 UUP 1 min

 UUP 5 min

UUP 10 min.

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