by Chris Kimble | Jun 22, 2020 | Kimble Charting
The US Dollar sell-off and subsequent rallies in the Euro and Aussie Dollar have given commodity bulls reason to watch the forex and be hopefull. A weak Dollar (and strong Euro / Aussie) tends to be a tailwind for commodity prices. As you can see in today’s chart, the...
by Chris Kimble | Jun 16, 2020 | Kimble Charting
After peaking in 2011, TR Equal Weighted Commodities index has traded in a tight declining trend channel. The falling trend channel is marked by each (1). As you can see, price recently fell through the support line at (2), leading to lower lows before the recent...
by Chris Kimble | Jun 2, 2020 | Kimble Charting
Is the Aussie Dollar about to jump higher and signal that Commodities and interest rates are about to do the same? Possible! This chart looks at the Aussie Dollar on a monthly basis over the past 16-years. The AU$ created a bottoming pattern over several months in...
by Chris Kimble | Apr 3, 2020 | Kimble Charting
Are we headed towards a Depression or is the worst already behind us? In today’s world, comparisons to the great depression are easy to find. Are the Depression concerns well founded or are the declines of late already pricing in a bottom? In my humble opinion,...
by Chris Kimble | Mar 5, 2020 | Kimble Charting
US Dollar Index versus Euro Currency Performance Chart The forex market is the largest in the world. So it goes without saying that what happens in the currency market has a big effect on asset prices. One asset class that plays off the currency market is commodities....
by Chris Kimble | Feb 10, 2020 | Kimble Charting
Are commodities suggesting a lack of demand is in play on a global basis? Possible! Could this impact stocks? So far it has not! The chart looks at the Thompson/Reuters Commodities Index over the past 30-years. This index has created a series of lower highs since it...
by Chris Kimble | Jan 9, 2020 | Kimble Charting
As many investors know, King Dollar has a lot to do with the comings and goings of asset classes around the world, especially commodities (i.e. precious metals and oil) and emerging markets equities and debt). So pay attention here! The US Dollar Index decline is now...
by Chris Kimble | Sep 26, 2019 | Kimble Charting
Commodities such as Gold, Silver, Natural Gas, and Crude oil have been rallying since early August. Though this overall asset class has been mixed (see the grains), it has been enough to produce a rally on the TR Equal Weight Commodity Index. In today’s chart, we look...
