NFTRH+; Silver, Internals & USD

Since silver and its anticipated leadership to gold was the linchpin of our plan in the spring to get bullish more than just gold mining stocks (fanning out to wider…

Comments Off on NFTRH+; Silver, Internals & USD

US/Eurozone Interest Rate Differential & USD

The US/Eurozone Interest Rate Differential is an indicator of future USD price activity From MacroMicro comes an interesting view of the US/Eurozone interest rate differential and its implication for the…

Comments Off on US/Eurozone Interest Rate Differential & USD

Gold in Euros holds trend

Gold/EURUSD holds major daily uptrend Just an fyi for my European friends. Despite gold's tank job in USD terms, Au/EUR is thus far holding trend. A European sees gold much…

2 Comments

EUR/USD… want to see something gross?

Well, here it is. EUR/USD is pretty gross A drop below the SMA 200 and lateral support, now turning to resistance as a bear flag curls down from it. Not…

Comments Off on EUR/USD… want to see something gross?

NFTRH+; Watching EUR/USD

As you may know I took on the EUO Euro short again yesterday in order to hedge a potential US dollar bounce. A new leg up in USD would impair…

Comments Off on NFTRH+; Watching EUR/USD

Was, Not Was… Wrong on the Euro

Well, a little patience goes a long way. I declared my wrongness for all to see because I like to do that. It reassures me that people will not view…

Comments Off on Was, Not Was… Wrong on the Euro

Wrong so Far on the Euro

Here once again is one of those pleasurable moments where I advertise to you in big bright blinking lights that I was wrong about something. I have hedged (short the…

Comments Off on Wrong so Far on the Euro

Gold in Euros

As noted in NFTRH 616 yesterday, and with respect to the previous post about the Euro... I want to point out what looks like a buying opportunity for European readers.…

Comments Off on Gold in Euros

Historic Commercial Net Short Euro Positioning

Per Sentimentrader, here's the epic CoT alignment in Euros showing Commercial Hedgers burrowing southward in their net short positions. I patiently remain short the Euro against the Trump/Treasury/Fed Triumvirate (TTFT)…

Comments Off on Historic Commercial Net Short Euro Positioning

Uncle Buck Waking Up?

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…

Comments Off on Uncle Buck Waking Up?

US Dollar: Hold the Bananas!

Hold up. Nothing goes straight down forever. America, under the guidance of Donald Trump is actively seeking out its bananahood, but the technical and sentiment situation has become extreme. I…

Comments Off on US Dollar: Hold the Bananas!

Beware Uncle Buck

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…

Comments Off on Beware Uncle Buck

Euro Limit Upcoming?

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…

Comments Off on Euro Limit Upcoming?