Watch for a major change in USD

Norm Winski Independent Analyst

US DOLLAR

10/26 DX AO CL 96.359 11/30 DX AO CL 97.272

November Review – “The US Dollar Index had a good move up in October and is now approaching major resistance at the 97.00 area.”

Results:

Key Dates – 10/29, 10/31, 11/7, 11/12, 11/21, 11/23, 11/26
10/29 and 11/26 were not effective. 10/31 was a very good short term high.
11/7 was the exact low of the month. 11/12 was the exact high of the month. 11/21 was very close in price and one daypast a short term high. 11/23 was very close in price and one day past a good short term low.

Score = 5 out of 7 good dates = 71.43%.

US Fed – 10/29, 11/8, 11/12, 11/13, 11/23, 11/26
10/29 and 11/26 were not effective. 11/8 was close in price and one day past the low of the month. 11/12 was the exact high of the month. 12/13 was very close in price and one day past the high of the month. 11/23 was very close in price and one day past a short term low. Score = 4 out of 6 good dates = 66.67%.

Total Score = 9 out of 13 good dates = 69.23%.

December Update – Technically, the US Dollar has been riding an uptrend since late September. Mid-November, the Dollar Index made a peak and has since been trading in a narrowing range. We have some huge cycles coming for the US from about 12/10 – 12/12, which is a major factor for the US Dollar. Watch for a major change in trend at that time.

Key Dates – 12/4, 12/10, 12/11, 12/18, 12/20-21, 12/24

Composite Bank of England/US Fed Key Dates - 12/3, 12/4, 12/11, 12/19, 12/26

This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.

Author

Norm Winski

Independent Analyst

www.astro-trend.com

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