by Chris Kimble | Jan 13, 2022 | Kimble Charting
Current data suggests that inflation has been in our everyday lives for several months. And today’s Producer Price Index data was pretty ugly. BUT… could inflation be peaking? Today’s chart 2-pack offers a glimpse of why inflation could subside over the near-term....
by Chris Kimble | Jan 4, 2022 | Kimble Charting
The recent strengthening in the US Dollar is catching the eyes of traders and investors alike. King Dollar affects so many asset classes, including its own. A stronger US Dollar means a weaker Euro. Today, we look at the recent trading decline of the Euro on a...
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 | Oct 1, 2021 | Kimble Charting
The precious metals arena has reached important junctures for both Silver and gold. Yesterday, we highlighted an important test of support for Silver. Today, we look at a “monthly” chart of the Gold / US Dollar Ratio and highlight a similar test of support. As you can...
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 | 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...
