by Chris Kimble | Nov 4, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE A bullish Cup & Handle pattern in the U.S. Dollar/Yen, that took over a year to form, appears to BE influencing this currency pair. Of late the Dollar/Yen is breaking above another resistance level. –...
by Chris Kimble | Oct 31, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE We are the end of another Month, so I thought I would update a long-term monthly look at the U.S. Dollar. As mentioned above, the bottom line was created by connectin the lowest monthly closes in 1992 & 2008. I then created a...
by Chris Kimble | Oct 6, 2014 | Kimble Charting
The U.S. Dollar just had the 6th best quarterly return in the past 34 years! (See post here) CLICK ON CHART TO ENLARGE The strong rally in the Dollar has taken it up to monthly falling channel resistance (lower right chart) with 89% of investors bullish...
by Chris Kimble | Oct 1, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The U.S. Dollar just had its 6th best quarterly rally in the past 34 years, see upper left table. (Source Ryan Detrick) This rally has taken the U.S. Dollar to the top of a channel that that has been in place for the past 10 years and...
by Chris Kimble | Sep 3, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Are we witnessing some “crowded and uncrowded” trades when we take a look at the currency markets? The U.S. Dollar has rallied a few percent higher over the past two months, taking it up to an 11-year falling resistance...
by Chris Kimble | Aug 21, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The U.S. Dollar has experienced a small rally over the past couple of months (up 3%), taking it back to falling resistance line (1) that has been in place for the past 11-years. This small rally has created a shift in bullish...
by Chris Kimble | Jun 5, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE On April 24th the Power of the Pattern shared that the Euro looked like it was hitting a peak in prices and should turn weak in the near future. (see post here). Why did it look like the Euro was peaking 5 weeks ago? It was...
by Chris Kimble | May 8, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Is the U.S. Dollar breaking below this two-year channel or pulling a fake on investors and creating a bullish wick? The resolution to this question could well have an impact on portfolio construction! –...