by Chris Kimble | Apr 17, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Since last August, bullish falling wedges have led to rallies in the Australian$/U.S.$ ratio and in turn, the 500 index has moved higher along with the ratio. Over the past couple of months the AUD/USD ratio has formed a bullish...
by Chris Kimble | Mar 29, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Shared the above chart with Premium Members on 3/14, reflecting that each time the Australian Dollar/U.S. Dollar ratio broke support over the past 10 months, the S&P 500 fell at least 7% in value. Below is an update to this...
by Chris Kimble | Mar 14, 2012 | Kimble Charting
What are these Bears talking about? These “Currency Bears” have been asleep of late, are they about to wake up? CLICK ON CHART TO ENLARGE Two days ago the Power of the Patten shared that if history was a guide, the...
by Chris Kimble | Mar 12, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE The Australian $/U.S. $ ratio has a decent batting average, per predicting the future direction of the CRX Commodity Index. At this time the AUD/USD ratio may have created a double top and broken key support at (2). At the same...
by Chris Kimble | Mar 9, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Over the past 15 months, when the Australian $/U.S. Dollar ratio has been at a high and broken below a rising wedge the 500 index has seen downside pressure. On this Friday morning Joe Friday shares…..the AUD$/US$ has broken...
by Chris Kimble | Feb 22, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Since April of last year the Australian $ has a decent track record of predicting when the 500 index was about to be put under pressure. The Aussie $ is now back at the levels that has suggested investors should guard the value of their...
by Chris Kimble | May 30, 2011 | Kimble Charting
This chart was created Monday evening so anything could change between now and the opening on Tuesday, yet at this time tonight, some key support is giving way in the U.S. Dollar! CLICK ON CHART TO ENLARGE As the U.S. Dollar is breaking support the Australian $ is...
by Chris Kimble | May 2, 2011 | Kimble Charting
The “Power of the Pattern” was suggesting to buy the Australian $ on a channel breakout a little over a month ago (see post here). Over the past 5 weeks, International currencies have done well as the U.S. Dollar...