USD Index & USD/Global Pairs
In case anyone still cares what these tramps are doing, here is the USD index and USD pairs with other currencies at yesterday's close. I've tried to make this NFTRH…
In case anyone still cares what these tramps are doing, here is the USD index and USD pairs with other currencies at yesterday's close. I've tried to make this NFTRH…
Look at this chart. Does it not look similar to so many other bounce-a-thon participants right now? Now read the symbol. It's the Yen tracker flipped over. As the Yen…
Sure, it's the wimpy way to play the crypto market but for me, a not really believer, it's the best way. From the NFTRH Trade Log on July 31st... "Taking…
You would think logically that the nation and its central bank that have had the strongest currency and firmest policy (I know... but work with me here) over the last…
Well, the USD bull fund UUP at least, is breaking out of a bull flag. The Fed is docile, the 2yr yield is trending down and long-term yields are dropping…
It's far from the only indicator worth considering, but it is important to note that public optimism on the US dollar is over done and on a sentiment basis portraying…
Eons ago I read a quote from Warren Buffett talking about how he did not invest in tech because he did not understand it and he does not invest in…
Of course, Jerome 'Dove Eye' Powell oversees an FOMC meeting that unsurprisingly (CME futures traders gave virtually no odds of a rate hike any time soon) brought no rate hike…
USD daily shows an uptrend. That is indisputable because both the intermediate (SMA 50) and long-term (SMA 200) moving averages are going in a northerly direction (w/ the SMA 50…
The rally from the lows of a year ago was an impulsive move up and then a labored series of higher highs and an as yet unconfirmed higher low (black…
The green dot shows where USD is projected to open this morning (95.55). In other words, it's under control. No problem, the bounce is very normal and within the short-term…
When I see funny things from chartists in the greater media, I'll make fun of them here. But I will do so as a man who stares at charts and…
USD is one of the central themes around which global stocks, commodities and some US sectors will pivot. It is still playing the 'above support and below resistance' game on…
Last week I covered my World (ACWX) short due to the possibility that USD would break down through 94 (support) as opposed to up though 95 (resistance). Yesterday per the…