USD index found long-term lateral support as did its pairings with the usual suspects. We noted this support months ago and there is nothing surprising
USD was in a very good contrary sentiment position into late January, as the global anti-USD inflation trades ripped higher and USD dropped. It then
Now that Uncle Buck has done what we thought he might do and bounced from long-term support (see monthly chart at end of post) to
With the tail wind of long-term interest rates conspicuously reaching our targets amid great fanfare… USD (UUP shown here) has finally caught a bid. Sooner
On the short-term, USD (UUP shown here) is bouncing toward the 200 day moving average, and is still in a downtrend. On the monthly chart
We have not checked in on the US dollar for a while, other than as part of last week’s monthly ‘big picture’ post showing Uncle
Uncle Buck has had two targets. Simply enough, they are the 50 day average and the 200 day average. Target 1 is in and today
I had no clue Uncle Buck would be this angry when projecting a bounce. Sure, he was outside the party house in the cold, looking
In a post last week we noted that Uncle Buck was dropping into a zone of long-term support. This morning there is this strange looking
If we are going to note potential support for the US dollar, why not also look at a potential limiting point for its main rival?
Far be it from me to interrupt a good party, as instigated by our fine fiscal policy making reflationists and the currency and bond manipulating
I wonder how long it is going to take the Bitcoin promoters out there to realize they should back away from the stink that the
This disgusting view of the USD index would be beneficial to all sorts of ‘inflation trade’ (read: non-Goldilocks) items out there seeking an investment bid.
Thing 1 is the chart of Bitcoin vs. USD over the last year. Thing 2 is the graph of public searches at Google about Bitcoin