USD; Over Bearish to Over Bullish & I Cover the World
Over the last year the public has gone from hating the USD to becoming very warm to it. From Sentimentrader here is the Public Opinion reading once again. It had…
Over the last year the public has gone from hating the USD to becoming very warm to it. From Sentimentrader here is the Public Opinion reading once again. It had…
With all due caveats about chart patterns, especially when they are presented in a day trader's view (i.e. 60 min. or less time frame) here we see the Uncle Buck…
See Kevin Muir's... Emerging Market Contagion I am far from a currency expert and so reading this article helped put some definition to the hazy thoughts I've had about EM…
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 here. But Uncle Buck has…
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 flattened out and formed a…
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 the 200 day moving average,…
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 or later it was going…
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 the US dollar index and…
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 Buck at long-term support. Here…
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 Unc is down hard to…
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 the window at the…
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 color in market futures, ranging…
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? I am just presenting simple…
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 weasel at Treasury, but Uncle…