by Chris Kimble | Oct 13, 2020 | Kimble Charting
The Euro is facing one of the most important price tests in the past 20-years, and what it does here, should have a large influence on the price of Gold and Silver weeks from now! This chart looks at the Euro on a monthly basis, since the late 1990s. Line (1), which...
by Chris Kimble | Jul 30, 2020 | Kimble Charting
The past several weeks have seen the US Dollar decline sharply and the Euro and Aussie dollar rally. These swift moves have helped push gold to new highs. But they have also brought this trio of currencies to a critical juncture, reflected in the charts above. The US...
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 | 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 20, 2020 | Kimble Charting
Is King$ and the Euro facing important breakout/breakdown tests at the same time? It looks like it in this chart! The US$ trend remains up, as it has created a series of higher lows since the start of 2018. The opposite can be said for the Euro, as it has created a...
by Chris Kimble | Feb 13, 2020 | Kimble Charting
Currencies play an important role with precious metals. Gold and Silver either have the tailwind of a weak US Dollar or the headwind of a strong Dollar. Today’s chart looks at another key currency that often moves in different directions than the US Dollar, and thus...
by Chris Kimble | Dec 13, 2019 | Kimble Charting
The Euro has spent much of the past 2 years trading in a down-trend. Though precious metals like Gold have fared well, this has been a bit of a headwind because it means that the US Dollar has remained firm. Big Test In Play for the Euro The Euro is testing a...
by Chris Kimble | Jun 7, 2019 | Kimble Charting
Is the hard-hit Euro about to send a bullish message to Gold, Silver & mining stocks? Looks like it this week! Metals bulls want to see the Euro head higher to send them a bullish message. For the past 14-months, the Euro has created a series of lower highs and...
