Just another episode of that slow-moving macro drama, ‘vs. Gold‘ (using ETFs). Spoiler: the bottom line about the pictures below is that we are still
Tag: currencies
Gold Bullish in Global Currencies [w/ edit]
[edit] Jordan advises that something happened with the ETF (not sure if he means the global currency ETF or the gold ETF) recently and the
NFTRH 550 Out Now
Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates
NFTRH 549 Out Now
As usual, I point you to the screenshot for a fraction of what’s going on this week. Subscribe to NFTRH Premium (monthly at USD $33.50
NFTRH 548 Out Now
As usual, the screenshot tells a fraction of the story… Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD
NFTRH 547 Out Now
Tell me, how can a global market report raise more questions than it is currently prepared to (definitively) answer and yet still be infinitely helpful
NFTRH 546 Excerpt on a Key US Dollar Fundamental
The following is the Currencies segment of this week’s edition of Notes From the Rabbit Hole, NFTRH 546. The fate of the US dollar will
NFTRH 546 Out Now
Per the email accompanying the report to subscribers… There is a lot going on this week from a macro perspective. For me, the Fed’s dovish
NFTRH 545 Out Now
As usual I point you to the bullet points below, which barely even scratch the surface of the surface of the story but which at
Gold vs…
This is not gold buggery. These are market indicators to be used in gauging which way the cyclical winds are blowing. Here is a snapshot
Gold in Global Currencies
They say a real gold bull market sees gold rising in all major currencies. The basket of items in the USD bear fund UDN fits
NFTRH; Some Gold Ratios Fading, Some Are Not (medium priority)
So much will be dependent upon whether or not a seasonal bounce takes place in the risk ‘on’ trades since gold is a risk ‘off’
Currencies: Big Picture
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
US Dollar, Short & Long-Term
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