2007-09-11

USD index matrix

OK,
Calculation is here:
http://nmmmnu.blogspot.com/2007/09/usd-index-matrix.html

This is experimental estimation how much USD index will raise if EUR/USD raise from 1.38.30 to 1.40.00.

Is necessary to do so, because on USD index wedge we are at the support already, but on EUR/USD wedge we are far from the resistance yet.

The estimation is crude, because I assume the other components (such GBP/USD, USD/JPY etc.) will be unchanged.

Chart of USD index with EUR/USD = 1/39.70 looks realistic, but...

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