by Chris Kimble | Aug 5, 2020 | Kimble Charting
The U.S. Dollar ran into a perfect storm in 2020: a pandemic (Coronavirus), an easy Federal Reserve, and trillions of dollars in government stimulus. The result has been a steep decline in the greenback. Looking at today’s chart, however, suggests that the US Dollar...
by Chris Kimble | May 26, 2020 | Kimble Charting
The U.S. Dollar has been a pillar of strength for the past 12-years, at it created higher lows starting in 2008, near the 70 level. Since these lows, it has rallied nearly 50%. The 102 level was resistance for nearly 13-years (1987 to 2000) until an upside breakout...
by Chris Kimble | Apr 23, 2020 | Kimble Charting
The US Dollar is always on Gold bulls minds. A weak dollar tends to be a tailwind for Gold prices while a strong dollar tends to be a headwind. Well, the US Dollar Index is nearing an important juncture and Gold bulls should be watching here. As you can see in today’s...
by Chris Kimble | Mar 24, 2020 | Kimble Charting
The past month has seen global stock markets crash, volatility erupt, and investors flee to the US Dollar in a “flight to quality” move. A recent ten-day period captures the magnitude of this move: From the March 9 low at 94.61 to the March 19 high at 103.82, the US...
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 | 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 | Aug 22, 2019 | Kimble Charting
The US Dollar Index is flexing its muscle of late. Trade wars and fear of a global slowdown have capital fleeing to King Dollar. King dollar breakout test in play? Looking at today’s chart, you can see that the Dollar has been consolidating in a range for the past...
by Chris Kimble | Jan 7, 2019 | Kimble Charting
This chart looks at the US Dollar, reflecting that it has spent the majority of the past 14-years inside of rising channel (1). Over the past 3-years, King Dollar could be creating a series of lower highs and lower lows inside of falling channel (2). It hit the top of...
