Uncle Buck at the Limit
The previous post shows an indicator that will break down if USD holds last - and I mean last - ditch support before the express elevator to 89. But Unc…
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May 2, 2016
Currency Pairs, Weekly Charts
USD-JPY is the most interesting as it broke its uptrend and remains in that mode. Apparently, USD is no longer the main risk 'off' liquidity currency; Yen is. USD-EUR is…
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February 18, 2016
US Dollar is Right at the Decision Point
We have been following the progress of USD and Euro for macro purposes and for management of certain global asset markets (like Europe, commodities, etc.). For example, commodities have gotten…
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October 13, 2015
USD & Euro; Uncle Buck Needs to Hold Right Here as Euro Firms
The US dollar is going to break down from the wedge this morning. The green arrows show that it made a higher low and a higher high in September, keeping…
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October 9, 2015
US Dollar: Daily, Weekly & Monthly Charts for Short to Long-term Views
US dollar daily is in the nose of a somewhat Symmetrical Triangle just below the MA 50. MACD is turned down. US dollar weekly shows the little triangle and also…
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October 7, 2015
US Dollar Updated
Just another US dollar update for anyone interested. The daily support zone around 93 was also the top end of long-term support as noted in Wednesday's post. Former short-term resistance…
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August 31, 2015
US Dollar Updated
The US dollar has bounced back to a resistance area. There is more resistance up above from 96 to the 50 day moving average. For perspective, the monthly big picture…
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August 26, 2015
USD Along for the Ride
Unlike 2008's hysteria, the US dollar is part of the downside, not the obvious liquidity destination (at least as implied by its price action). That role in the short-term at…
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August 24, 2015
Updating Uncle Buck
With so many former hyper inflationists now schooling us about deflation, it is only fitting that Uncle Buck continue to turn his suspect status toward bearish status. It is in…
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August 20, 2015
FOMC & Uncle Buck
I don't take too much of what goes on during FOMC week seriously with respect to making actionable moves. While in market management I try very hard to keep whatever…
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July 30, 2015
USD Updated
Uncle Buck popped above key resistance at 98 the other day and unsurprisingly turned down. The thing is though, he made a higher high and at least theoretically keeps a…
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July 22, 2015
USD Updated
Uncle Buck is doing his best to not only keep the intermediate correction scenario in question, but also break its parameters. So far Unc has gotten above the MA 50…
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July 6, 2015
USD; Daily, Weekly, Monthly & Conclusions
USD has been in correction since the hysterical March top. The daily chart shows a series of lower highs and lower lows that was interrupted last week when USD failed…
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June 26, 2015
US Dollar Updated
USD is bouncing hard on what, new home sales? Fed governor 'Sept. rate hike' Jawbone? Euro 'sell the news'? Whatever the reason, Uncle Buck is up today but pausing at…
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June 23, 2015