by Chris Kimble | Nov 15, 2023 | Kimble Charting
A couple of weeks ago, we highlighted the U.S. Dollar as an asset ready for a big move. King Dollar was trading sideways and at important price resistance, so something had to give. Today, we revisit that “weekly” chart and provide an update on where the buck stands....
by Chris Kimble | Nov 3, 2023 | Kimble Charting
The U.S. Dollar rally has taken a breather, with the King of the currency world trading sideways for the past several weeks. But there is a reason for this pause, as you can see in today’s “weekly” chart of the U.S. Dollar Index. King Dollar ran into its 50% Fibonacci...
by Chris Kimble | Sep 21, 2023 | Kimble Charting
When the U.S. Dollar is rallying and at full strength, it is a clear headwind for precious metals like gold and silver. But when King Dollar loses his crown and is weakening, it is a clear tailwind for precious metals. Today’s chart of the U.S. Dollar Index highlights...
by Chris Kimble | Jul 19, 2023 | Kimble Charting
Recent weakness in the US Dollar has helped to propel commodities such as Gold and Silver higher. Today’s analysis showing a potential repeating pattern that could mean significantly more weakness for King Dollar… but only if triggered. Below is a “weekly” chart of...
by Chris Kimble | Sep 13, 2022 | Kimble Charting
The US Dollar is strengthening along side rising interest rates. In fact, both are rocketing higher as inflation takes root and the European economy (and the Euro) weakens. Today we look for clues via the long-term “weekly” chart of the US Dollar Index. As you can...
by Chris Kimble | May 23, 2022 | Kimble Charting
The past several months has seen the US Dollar Index rally once more, pushing King Dollar up to a retest of multi-year highs. At the same time, the Euro has been sputtering and is nearing multi-year lows. In today’s long-term “monthly” chart 2-pack, we look at both...
by Chris Kimble | Apr 28, 2022 | Kimble Charting
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, we can see that the US Dollar has traded in a broad rising channel since the 2007 low. And the 2015 and 2020 highs formed...
by Chris Kimble | Mar 7, 2022 | Kimble Charting
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 test for the U.S. Dollar… and the global financial complex! Here you can see King Dollar has been in a...