by Chris Kimble | Jul 8, 2021 | Kimble Charting
Inflation pressures are increasing as the economy tries to digest a prolonged period of higher commodity prices. While select commodities have pulled back (and this has investors hopeful that inflation moderates), the broader commodities arena remains elevated. So...
by Chris Kimble | Jun 18, 2021 | Kimble Charting
Rising commodities prices have been all over the news for several months. The rally has been broad-based and persistent. So what could possibly derail the commodities rally? U.S. Dollar strength. King Dollar has not been so king-like over the past several months… but...
by Chris Kimble | May 25, 2021 | Kimble Charting
Is King$ about to turn into Humpty Dumpty and experience a great fall? Possible! The US$ had remained inside of bullish rising channel for nearly a decade, as it created higher lows and higher highs. Things changed last year as it slipped below rising channel support....
by Chris Kimble | Apr 30, 2021 | Kimble Charting
A weaker US Dollar is a good thing for assets like commodities. So it shouldn’t be any surprise that commodities have been very strong over the past several months while the Dollar has been weak. Today we look at a “weekly” chart of the US Dollar Index and highlight...
by Chris Kimble | Apr 6, 2021 | Kimble Charting
The US Dollar has received a fair amount of attention over the past year, as pandemic-spurred government stimulus and assistance programs and a softer stance from the Federal Reserve have weakened the buck. And commodity bulls have benefited enjoying a broad rally...
by Chris Kimble | Jan 28, 2021 | Kimble Charting
A lot has happened in the currency markets over the past year. And important near-term trends are currently facing some big-time long-term trend support/resistance levels! In today’s chart 2-pack we take a look at the U.S. Dollar currency index on a “monthly” basis...
by Chris Kimble | Jan 5, 2021 | Kimble Charting
The U.S. Dollar got hit hard in 2020, declining nearly 7 percent (year over year) and as much as 12 percent from peak to trough during year. This weakness in King Dollar has been a tailwind for commodities and stocks alike. See my recent articles on Silver...
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...
