NFTRH+; USD/DXY
We have our targets of 99 (registered), 100 (routine upward correction) and 102 (would still keep USD in a downtrend if not exceeded, but it would come with interim pain…
We have our targets of 99 (registered), 100 (routine upward correction) and 102 (would still keep USD in a downtrend if not exceeded, but it would come with interim pain…
The Silver/Gold ratio finally burst upward as anticipated after grinding out a bottoming pattern. That kicked in more commodity trades as would happen when silver (more industrial commodity than gold)…
The US dollar index (DXY) is still in consolidation Along with other indicator related considerations like the Gold/Silver ratio (GSR), the US dollar index (DXY) is likely to inform the…
USD is down today, breaking below the daily SMA 200. But the reminder from the May 28th update: While it will not officially be a breakdown unless it takes out…
Because the market never seems to make things cut and dry in a convenient time frame, USD continues to rise off the test of the channel bottom and the SMA…
As to the USD decision point referenced in NFTRH 811, we find it continuing to weaken after pulling back from resistance. What's more, it is breaking down from the best…
It is a simple situation. USD (daily chart) is either in the bear flag that this looks like (rising for 5 days into resistance), or it is not. Giving support…
Here is some daily chart micromanagement of the short-term situation for USD (DXY). If USD were to rally from here it would imply headwinds against the broad asset market rallies.…
Brief update on the US dollar index USD/DXY is thus far pausing at noted resistance at 105 and pulling back a bit. The run up in Treasury yields is theoretically…
USD may be in a bear flag With the caveat that the longer-term charts show an ongoing bull market and plenty of clear support already tested, the USD daily chart…
US dollar index (DXY) frisky ahead of next week's FOMC nothingburger, I mean meeting We projected a bounce for USD nearly a month ago in this now public NFTRH+ update.…
This update asks you for 14 minutes of your time as we cover US stock market leadership, USD, GDX and some gold ratios with respect to the macro backdrop that…
As gold furthers its dramatic downward reversal (see previous update for parameters) and many other markets logically get clobbered in the face of a bouncing USD, let's take a quick…
A brief update to illustrate the status of the US dollar index. USD is generally an 'anti-market' to the broad seasonal party going on. Of course it was going to…