Tag: us dollar
US Dollar On Breakout Alert: Will 3rd Time Be A Charm?
The US Dollar currency has rallied sharply over the past year.
Is it time to give King Dollar his crown back?
Looking at today's long-term chart,...
US Dollar Rally Reaches Pivotal Long-Term Resistance!
Six years ago, the Economist magazine illustrated the mighty US Dollar. And that marked a peak that has since been tested but not broken out...
3 Times a Charm? U.S. Dollar Facing Breakout Test!
Over the past few decades, the U.S. Dollar has been weakening.
Could this weakness be coming to an end?
Today's long-term "monthly" chart highlights an important...
Gold Nears Inflection Point, As Narrowing Pattern Echos Key Currencies
The price of Gold has been consolidating for several months. And just when you think it's going to breakout, sellers show up.
But Gold hasn't...
What’s Wrong With Gold?
Hit the rewind button back to a year ago. Gold was trading at $1,850/oz, and the iShares TSX Gold ETF was about $19.50. Now,...
Inflation Fears Subside If US Dollar Breaks Out Higher!
Current data suggests that inflation has been in our everyday lives for several months. And today's Producer Price Index data was pretty ugly.
BUT... could...
Why US Dollar Appreciation Threatens Global Economy
The Fed’s liquidity fire hose supported the massive government fiscal response to Covid. Through unprecedented asset purchases, the Fed provided enough liquidity to allow...
US Dollar Index (Elliott Wave): Two Bullish Scenarios
When we last wrote about the U.S. Dollar in January 2021, we were expecting a sizable bounce. The bounce occurred from very near the support area...
US Dollar Rally Nearing Important Inflection Point
The recent US Dollar Index rally is providing a headwind for commodities, while pushing other currencies down.
Should the rally extend further, it may create...
Currency Markets Roiled As US Dollar Strengthens
The currency markets are among the largest in the world. And when the reserve currency U.S. Dollar makes a big move, other assets listen...
