Interest rates have bounced since the big Payrolls report. These rates are generally supportive of USD when they rise and not surprisingly have been in correction for much of the…
As noted in NFTRH 743, USD (DXY) finally took the hint from the Gold/Silver ratio (GSR) and bounced. Let's look at the leader first. GSR is testing the underside of…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…
Admin Note I am glad a subscriber asked about a print function for posts (including online NFTRH reports and updates) because it got me kicking the tires of the website…
Gold price is trending up vs. major global currencies The corrections will come to the nominal gold price, but a real bull market will need participation vs. all major currencies…
We have been tracking the correction in the US dollar (AKA the global anti-market) and its companion, the Gold/Silver ratio each trending down as broad market relief has finally taken…
The ratio of big Tech (QQQ) to the broader market (SPY) is in danger of making a secular top The log scale monthly chart (displaying percentage changes) shows a channel…
NFTRH 737 Merry Christmas folks, and happy holidays of all persuasions. Let's jump into an abbreviated, summary style report [edit: of course it did not quite go that way as…
The US dollar index (DXY) is dropping toward the 50% Fib retrace level Reference yesterday's post on USD. The next support (not visible on the daily chart) coincides with a…
The US dollar index (DXY) is bobbing around just below the SMA 200 to open FOMC week As always, there are a lot more analytical signals in play than just…
Any single indicator can fail to work at any time. It's why we use many of them to gain the weight of the evidence. But Commercial hedger positions in the…
USD is the anti-market. It has dropped to within a whisker of the main target, which is the SMA 200 and is now bouncing. The major daily chart trend for…
As the global counter-party, USD's recent failure has been the primary source of financial market cheer lately. But as usual, things are not so easy as defining a target, having…
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.…