Tag "us dollar index"

U.S. Dollar Crossroads: Bulls Need This Support To Hold!

Back in September of last year, I highlighted a chart pattern for the US Dollar Index that would likely slow its downside momentum. In that post, we showed a measured move, two ratios and, most importantly, the time cycle coming into play to look for a low in/around the 91 level…

COT Report Spec Positioning: Record Net Longs In Crude Oil

The following are charts and data showing non-commercial futures trading positions as of November 14, 2017. This data was released with the October 17 Commitment of Traders Report (CoT). Note that these charts also appeared on my blog. The 4 charts below look at non-commercial futures trading positions for Crude Oil, Gold, and…

S&P 500 Weekly Market Outlook: The Rally Is Out Of Sync

In this week’s investing research outlook, we examine current trends for the S&P 500 Index (INDEXSP:.INX) and Russell 2000 (INDEXRUSSELL:RUT), while checking in on stock market breadth and investor sentiment indicators. We’ll also discuss current themes and news that we are watching in the financial markets. Here’s our summary of our findings for the week ending…

Is The US Dollar Forming A Long-Term Bullish Flag Pattern?

This past year has seen the US Dollar Index (CURRENCY:USD) slide nearly 10 percent. And this action has brought out the Dollar bears. But could this all be part of a very bullish chart pattern? If so, the US Dollar could be headed much higher. The chart pattern that I…

The COT Report: Stocks Overheating, Gold Oversold

The following are charts and data showing non-commercial futures trading positions as of October 3, 2017. This data was released with the October 6 Commitment of Traders Report (CoT). Note that these charts also appeared on my blog. The 4 charts below look at non-commercial futures trading positions for the S&P 500,…

A Seasonal Second Wind For The U.S. Dollar?

In this article we look at a couple of key potential catalysts that will shape the tactical view on the US Dollar Index (CURRENCY:USD) at a time when the US Dollar bull market is looking very tired. The chart in question appeared in the latest edition of the Weekly Macro Themes…

Stock Market Update: One More Push Higher?

Stock market futures traded up near yesterday’s highs this morning, a sign that bulls are defending the bears attempts at lower prices. That said, the S&P 500 (NYSEARCA:SPY) remains largely unchanged for the last couple weeks… a tough tape to trade. Bond Yields & Currencies Treasury bond yields have broken…

U.S. Dollar Index Most Oversold Since 2008

Lots of indecision around the Dollar right now.  I’m honestly in the “I don’t know” camp when it comes to the current major trend in the US Dollar Index (CURRENCY:USD). For instance, did the dollar just finish a multi-year A B C upward correction and is it now headed for…

Gold / U.S. Dollar Ratio Racing To A Near-Term Peak?

Two of 2017’s major investing themes thus far are the return of Gold (NYSEARCA:GLD) and the prolonged weakness in the U.S. Dollar (CURRENCY:USD). Year-to-date, Gold is up 15.72% while the U.S. Dollar is down 9.57%.  This follows a multi-year decline in Gold and a multi-year rise in the Dollar. The…

The U.S. Dollar Trade: A Macro To Micro Analysis

Note that this post went out to my “Gone Fishing” newsletter subscribers this past weekend. After hitting a 14-year high at the end of 2016, the US Dollar (CURRENCY:USD) has lost 11% in 2017. Whether a reaction to Trump talking it down post inauguration, US real disinflation, Euro melt-up (which…