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 | Dec 4, 2020 | Kimble Charting
It’s been 20 years since the last major peak in the US Dollar. Could the greenback’s latest turn lower confirm another peak? Today’s chart takes a macro view of the US Dollar Index and highlights the long-term down-trend at each point (1). As you can see, the buck is...
by Chris Kimble | Oct 13, 2020 | Kimble Charting
The Euro is facing one of the most important price tests in the past 20-years, and what it does here, should have a large influence on the price of Gold and Silver weeks from now! This chart looks at the Euro on a monthly basis, since the late 1990s. Line (1), which...
by Chris Kimble | Sep 23, 2020 | Kimble Charting
Last month, I featured this Gold / US Dollar ratio chart in an article warning of the potential for a trend reversal. While the broader bullish trend is still intact (higher lows since 2015), it could be time for Gold to take a breather. Looking at today’s “updated”...
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 | Jul 30, 2020 | Kimble Charting
The past several weeks have seen the US Dollar decline sharply and the Euro and Aussie dollar rally. These swift moves have helped push gold to new highs. But they have also brought this trio of currencies to a critical juncture, reflected in the charts above. The US...
by Chris Kimble | Jul 20, 2020 | Kimble Charting
This chart looks at the US Dollar/Gold Ratio on a monthly basis over the past 25-years. Since the 2001 highs, the ratio has created a series of lower highs, reflecting that the US Dollar is losing ground to Gold. A lower high in the ratio took place back in 2015,...
by Chris Kimble | Jul 1, 2020 | Kimble Charting
It’s been a good year for gold bugs! Gold has outperformed several asset classes as volatility and general economic uncertainty have come back to the forefront. In today’s chart, we look at the ratio of Gold to the U.S. Dollar on a “monthly” basis. Gold bulls want to...
