by Chris Kimble | Mar 24, 2020 | Kimble Charting
The past month has seen global stock markets crash, volatility erupt, and investors flee to the US Dollar in a “flight to quality” move. A recent ten-day period captures the magnitude of this move: From the March 9 low at 94.61 to the March 19 high at 103.82, the US...
by Chris Kimble | Mar 5, 2020 | Kimble Charting
US Dollar Index versus Euro Currency Performance Chart The forex market is the largest in the world. So it goes without saying that what happens in the currency market has a big effect on asset prices. One asset class that plays off the currency market is commodities....
by Chris Kimble | Feb 20, 2020 | Kimble Charting
Is King$ and the Euro facing important breakout/breakdown tests at the same time? It looks like it in this chart! The US$ trend remains up, as it has created a series of higher lows since the start of 2018. The opposite can be said for the Euro, as it has created a...
by Chris Kimble | Jan 9, 2020 | Kimble Charting
As many investors know, King Dollar has a lot to do with the comings and goings of asset classes around the world, especially commodities (i.e. precious metals and oil) and emerging markets equities and debt). So pay attention here! The US Dollar Index decline is now...
by Chris Kimble | Dec 13, 2019 | Kimble Charting
The Euro has spent much of the past 2 years trading in a down-trend. Though precious metals like Gold have fared well, this has been a bit of a headwind because it means that the US Dollar has remained firm. Big Test In Play for the Euro The Euro is testing a...
by Chris Kimble | Nov 8, 2019 | Kimble Charting
Could the Gold/US Dollar ratio be sending a fresh concerning message to Gold bulls this week? Joe Friday says Yes! This chart looks at the Gold/Dollar ratio over the past 8-years. The intersection of two long-term channel met at (1) a few months ago. The ratio was...
by Chris Kimble | Aug 29, 2019 | Kimble Charting
Gold/Metals bulls want to pay attention to how this indicator handles a current breakout test! This chart looks at the Gold/Dollar ratio on a weekly basis over the past decade. The ratio created a falling channel (A) from 2011 to 2013. Once support broke Gold...
by Chris Kimble | Aug 22, 2019 | Kimble Charting
The US Dollar Index is flexing its muscle of late. Trade wars and fear of a global slowdown have capital fleeing to King Dollar. King dollar breakout test in play? Looking at today’s chart, you can see that the Dollar has been consolidating in a range for the past...
