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.…
Relief provided by an easing October CPI 'inflation' report the trigger It was bound to happen sooner or later. October finally showed an easing comp in what most people think…
The USD index (DXY) is on plan to the October 28 update that stated... One option could be for a pop to the top of the channel, which would be…
The gold price (futures) has taken out resistance #1 at 1675 and is trying to take out 1700 as well. The next objective is around 1750. Aside from that, it…
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…
