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BCA Research on the US$

By Jordan Roy-Byrne CMT, MFTA •Posted on December 03, 2009

Mineweb analyzes Bank Credit Analyst’ recent report. See it here.

BCA says that in the intermediate term the dollar is not oversold nor are the necessary factors in place for there to be a bottom. Here is an interesting chart:

091202+barry+sergeant+dollar

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I’m Jordan Roy-Byrne, CMT, MFTA the editor and publisher of TheDailyGold.com and TheDailyGold Premium, our premium publication which emphasizes market timing and stock selection for precious metals investors. I’m a Chartered Market Technician and Master of Financial Technical Analysis. My Masters Thesis, which earned me the MFTA designation was published in the International Federation of Technical Analysis Journal. Currently, no other technical analyst covering precious metals possesses the MFTA designation. Read more →

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