US dollar holds a thin higher low From yesterday morning's post on USD... "Here is the daily chart’s story. USD (DXY) needs to hold above the February low of 89.68…
This will be telling. If you refer back to yesterday's post, which included weekly and monthly charts, you'll observe that this is basically it, the short-term support level standing between…
US Dollar index: daily, weekly and monthly This morning the foil to the global reflation trades and the speculative environment in general, USD (DXY), is cracking support and the SMA…
Considering that everything but gold is in positive alignment with the inverse of the US dollar I'd say that if USD is not THE most important signpost to the current…
As harped upon for the better part of a year now, it's all about the US dollar with USD being the anti-market to most cyclical and 'risk on' markets being…
The lynchpin to the global speculation orgy has merely bounced to its down trending SMA 50, but that has been enough to pressure global markets far and wide. As yet,…
Bearing in mind the extreme correlation to this point between inverse USD and SPX... ...it is probably a good idea to keep an eye on Uncle Buck, who is holding…
This chart was included in NFTRH 626 not to make a point, but to put visual proof to a point we've been making since the monetary policy response to the…
Tramped out by Trump/Kudlow/Manooch and of course the worst long-term offenders, the Federal Reserve, Uncle Buck has a right to be irritable if not outright enraged. The cheap parlor trick…
Well, at least my Euro short (EUO) did well today. It will basically follow the chart of DXY below. I have been adding to the EUO position as a hedge…
It's been a long dirt nap for ole' Uncle Buck. Down, down and down some more as the reflationary world has partied on with Wayne and Garth. The party has…
The US Dollar index is slipping further below the 200 day average (orange) and associated resistance. The forces of reflation take the upper hand again today as the stock market's…