Anti-markets (to a seasonal rally scenario) being the US dollar index (DXY) and Gold/Silver ratio, which signal lack of liquidity when rising together and sufficient market liquidity when dropping together.…
The USD index (daily chart) is on the plan we laid out for it in an update last week. From that update... One option could be for a pop to…
Back to the daily chart of USD (DXY), note the potential for a downtrend channel to be forming off of the latest drop as it tries to muster a bounce.…
USD (DXY) is cracking the SMA 50 today after making a lower high and a short-term double top. As noted previously, the next objective is the 108 area. This could…
USD (DXY) has pulled back to the SMA 50 (110.71), which is the first important area to watch, with short-term lateral support (110.25) just below it. USD is in an…
A short 'FYI' update on USD (DXY). To review, in September USD halted at the resistance cluster from 2000-2002. It held support at 110, bounced to test the previous high…
The US dollar broke above resistance at the 2016 high (not shown on this daily chart), dropped back to test the SMA 50, popped back above resistance, faded to test…
We have covered USD in detail. If global asset markets (and especially commodity/resources-related and emerging markets) are going to experience relief, USD will have to weaken. Uncle Buck has finally…
Just an FYI companion to the general market relief bounce theme. USD is is the counter-party to bearish markets and is still at the long-term resistance zone. Doesn't need to…
A quick update on the counter-party to the risk 'on', inflated markets. The US dollar is aloft along with the Gold/Silver ratio, which is dis-inflationary signaling and also potentially risk…
USD index (DXY) recoils to test the SMA 50 breakdown, as expected Per NFTRH 689's Currencies segment... "USD index dropped harder than I’d expected from the SMA 50 to just…
US dollar index (DXY) losing the SMA 50 Back on January 2 NFTRH 687 noted and we prepared for a US dollar failure of its SMA 50, which would load…
The theme as presented in NFTRH 687 is for USD's test of its SMA 50 to be a key driver for the Q1 2022 macro. A test is just that,…
The US dollar (DXY) continues to target 98 In Q1 2021 USD bottomed amid the usual suspects proclaiming "dollar collapse!" and "death of the dollar!" and inflation as far as…