by Chris Kimble | Aug 1, 2022 | Kimble Charting
The 2-year rally in the US Dollar Index pushed it up over 109 this month before heading lower. The action this month has also coincided with another big rate hike by the Federal Reserve. But there may be something bigger in play: Triple Resistance. As Joe Friday says,...
by Chris Kimble | Nov 24, 2021 | Kimble Charting
The recent US Dollar Index rally is providing a headwind for commodities, while pushing other currencies down. Should the rally extend further, it may create a bigger disturbance in the financial markets… perhaps even extending to equities. Today’s chart of the US...
by Chris Kimble | Nov 1, 2021 | Kimble Charting
The U.S. Dollar and Euro currencies are two of the most-watched in the world, with the U.S. Dollar being the world’s reserve currency. Today’s chart 2-pack highlights a critical inflection point for both currencies. Should King Dollar change course, it would be a big...
by Chris Kimble | Jan 13, 2021 | Kimble Charting
Is the U.S. Dollar about to collapse? Are Crude Oil prices about to skyrocket? Well if these price movements are to take place, 12-year trends have to change! Since 2008, the US$ has created a series of higher lows and higher highs inside of rising...
by Chris Kimble | Dec 14, 2020 | Kimble Charting
For the majority of the past 9-years, the US Dollar has created a series of higher lows and higher highs, creating a long-term rising channel. The weakness over the past 9-months, has King$ slipping below a potential cluster of support at (1). The 88-89 level has come...
by Chris Kimble | Aug 18, 2020 | Kimble Charting
Is King$ about to experience a dual breakdown of support? If so, will the world no longer believe in the US$? This chart looks at the U.S. Dollar over the past 22-years on a weekly basis. The 92 zone, which is line (1), has been support and resistance several times...
