by Chris Kimble | Feb 16, 2023 | Kimble Charting
While the US Dollar Index remains above 100, it is possible that King Dollar may have put in a top. And not just any old top… but a monster top. Of course we are having some fun here, but King Dollar’s reversal late last year has seen follow-through selling to the...
by Chris Kimble | Dec 14, 2022 | Kimble Charting
If you haven’t already learned, the financial markets can change on a dime. Trends and themes are good until they are not. This is why we use technical analysis to alert us when price is reversing or at risk of reversing. Today we turn out attention to the US Dollar...
by Chris Kimble | Nov 11, 2022 | Kimble Charting
The strength in the U.S. Dollar currency along with treasury bond yields (interest rates) has been relentless all year. And this has pressured stocks and added volatility to the markets. With both King Dollar and interest rates easing, could this be bullish stocks and...
by Chris Kimble | Oct 11, 2022 | Kimble Charting
The US Dollar Index has propelled higher out of a double bottom formation that began in 2008… and nothing has slowed down King Dollar for nearly 14 years. The latest show of strength in the US Dollar has the financial markets on edge. After all, the Forex is the...
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 | Jul 13, 2021 | Kimble Charting
It’s been a decade of ebb and flow for Gold. Bulls have seen the best of times (new all-time highs), the worst of times (nearly 50 percent decline), and nearly the best of times again (test of all-time highs)… Today’s Gold to US Dollar Ratio “monthly” chart depicts...
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 | 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...