A Cavalcade Of Currencies

By the way, you might want to check out this post at NFTRH.com, which includes some USD and Euro talk, and a heck of a lot more talk about stock markets, policy makers, semiconductors and a little bit about gold to boot.

The question I would ask here is whether or not Uncle Buck is double topping. Initial supports are shown, but Unc is in a cyclical bull market as long as major support holds.

Euro tentatively gets above resistance, commodity currencies are buried but Aussie may be making a little hint, British Pound is nowhere and the Yen thinks it’s a commodity currency.

I keep gold and Swissy together on a separate chart because when the Swiss disengaged from the Euro, they went risk ‘off’ in a macro currency sense. Swissy got back above the trend line and gold is still nowhere to be found.