Friday, December 18, 2009

US Dollar most likely to continue upward next week

Merry Christmas! Now a nice Christmas present would be a somewhat clear direction in the forex market and it's looking a lot like it next trading week! This is awesome! Let's make some money. Unless something catastrophic happens in the US or US stock market this thing pretty much set. I've been checking several resources and they all pretty much say the same. Buy the USD. I'm shorting the EUR/USD on Monday, maybe even as early as Sunday if I can get a good price.

Above is a little video clip from CNBC confirming most traders thoughts regarding the USD index (trend).

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