I just Try to decode the Forex Charts and then started collected some information
and got confused myself.
USD-EUR 2 Year charts
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USD-JPY 2 Year charts
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USD-INR 2 Year charts
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All most all the analyst are saying that US dollar will collapse anywhere between September 2008 to December 2008
And also recent days i notices something anonymous and odd thing happening in forex markets. I was very confused
to solve this. And some thing saying to my heart that some thing anonymous going to happening around us in global
financial markets
Here I had included 2 years charts of USD-INR , USD-YEN, USD-EUR Forex Charts. If you look at these charts then
it will be witnessed that USD-YEN and USD- EUR charts showing highly overboughtlevels almost all the TA indicators
are indication at present and also USD-EUR Charts are indiacting the same.But the odd thing is USD-INR is currenlty
in oversold levels. And you can also witnessed an sudden and odd behaviour in all these charts
Lindsey Williams in his video says that US current national debt is more than 8 trillion dollars. And 1 trillion
dollar added last 18 month alone. And he adds that Oil runnup in commodities markets and increasing nations debt
will lead to US dollar Collapse.
And here is the Lindsey williams speech before 2 months ago
And some More analyst Videos I collected
And Here are the Odd Forex and Commodity Data's from Last friday 8th Aug,2008
1)Friday is one of the day the Dollar is having its best day since July 2005 with a gain of 1.167%.
2)The euro fell the most in almost eight years.
3)The Russian ruble fell by the most in 2 1/2 years against a dollar-euro basket.
4)Light, sweet crude for September delivery lost $4.03 to $115.99 a barrel.
5)Gold futures for December delivery fell $16.30, or 1.9 percent, to $861.60.
6)Silver futures tumbled more than 5% to 2008 lows.
And my question is "Is all these data signalling a end to a worry or a runnup before a worry
And My Question Is
What All these things Lead to?
Is really american economy is getting improving or they are creating a mirage?
If there will be a collapse then what would be the effect on Global Markets and Indian Markets?
Or Easing Crude Oil is one of the factor for all these Oversold levels in USD-JPY or USD-EUR and is it a end to the dollar crisis worry?
Economic Experts Please Clear me on this issue
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