It's as simple as that which was 'anti' when the inflation/reflation party was ripping is still 'anti' when the party is over (at least temporarily). When markets liquidate - to…
US dollar index (DXY) held the SMA 200 and broke upward from a small bull flag Thus far, daily USD is on the plan that sees it exceeding the current…
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…
USD (DXY) is pulling back after last week's FOMC event and is right at the 1st level of support at the SMA 200. If I was right in the June…
The spring/summer inflation cool down always was going to bring a bounce in the US dollar, AKA the global anti-market or counter-party to the big inflation/reflation trades that everybody came…
The world's counter-party gets a massive short covering rally No more words needed... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes…
USD drops as a tepid May Payrolls report eases inflation fears further May payrolls expanded, but not as much as anticipated. Click graphic, get report from BLS. Here's the graphical…
US dollar is still alive and clinging to this week's lows So it was another nutty market week with the usual downs and ups. Today many markets have reversed down…
Global market stress this morning I was going to talk about the ongoing VIX divergence and loss of momentum in SPX, regardless of how the market looked this morning. That…
US dollar (DXY) looks to long-term support in the 88s Last week we noted that USD kept a semblance of the 2021 uptrend in play by holding the February low.…
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…
US Dollar clings to a higher low within its downtrend Here is the daily chart's story. USD (DXY) needs to hold above the February low of 89.68 in order to…
US Dollar drops on FOMC nothingburger With due consideration that the days immediately following FOMC's latest do-nothing meeting often swing to volatility, as if they actually did something, we note…
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…