EUR/USD & Implications
I would love to see Euro take one more pop relative to USD, up to the noted resistance zone. 1.15 is a measurement and it also holds visual resistance. From…
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May 5, 2015
US Dollar Updated
USD is bouncing from the projected support area of 94 +/-. If I were to guess, I'd say it gets another leg down deeper into that area or possibly to…
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May 4, 2015
‘Anti-USD’ Rally Status
The USD is bouncing from the projected support area around 94. Further, some economic data came in firm this week and ISM was stable, with its exports component bouncing solidly. That was in keeping with the weakening dollar easing the pressure as a rising dollar had increased it. Continued firm data could attend an expected bounce in USD.
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May 1, 2015
Updating USD’s Progress
Bouncing from support, eying resistance beginning at 96.50? Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas…
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May 1, 2015
Uncle Buck Updated
Here is the latest on USD's progress... Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or…
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April 30, 2015
Multi-Market Update
Ref. a public post about the $RUT this morning. It showed support after a wedge breakdown. RUT is losing that support so far today.
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April 30, 2015
USD Nears Support #1
I don't control 'em. I just read 'em. Uncle Buck approaches the lateral support cluster we have been watching. Also, you will recall there is a trend line from last…
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April 29, 2015
‘Anti USD’ Trade Status
Here is the USD, losing the 50 day moving average. This is another marker along the way that keeps the correction target of 94 open.
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April 27, 2015
USD, Gold, Yields & Words
In an update earlier in the week we noted that the preferred scenario of a USD correction might morph into a bullish consolidation in the form of an imperfectly formed Symmetrical Triangle.
Well, today Uncle Buck is dropping below the lower line and making a signal that our initial target of 94 (+/-), with its combo of a trend line and support cluster, is a good one.
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April 24, 2015
US Dollar
USD came very close to our upside target of 101 and has since had trouble. After testing the March high and dropping, USD is now bouncing from the lower line…
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April 21, 2015
BoJ Watching the Yen?
The last time the Yen made signs that the natural market was going to increase its value, the BoJ sprang into action and harpooned it. Now the natural market may…
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April 17, 2015
Anti-USD Asset Rally Status
As suspected would be the case, the US dollar appears to have resumed its correction after rising to test the high. The first important support zone has been the shelf surrounding 94, which intersects a trend line from last summer’s lows.
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April 16, 2015
USD & Euro
USD is bouncing to test the highs after only stabbing but not really dropping into the preferred support area. Whatever, a bad jobs report did not hurt Uncle Buck as…
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April 9, 2015