Big Moves For U.S. Dollar Index But NO Net Progress This Month!
U.S. Dollar Index Monthly Chart
The coronavirus panic has wreaked havoc on global financial markets, including the largest market in the world, the currency market.
Today...
9 Important Stock Charts to Gauge This Bear Market
Everybody wants to know if the stock market has bottomed.
Unfortunately, there isn't one chart or indicator that can provide any guarantee either way. But...
U.S. Dollar Index Surges Amid Coronavirus Fears – Could Another Peak Form?
US Dollar Index "monthly" Currency Chart
The past month has seen global stock markets crash, volatility erupt, and investors flee to the US Dollar in...
Precious Metals Bulls Eyeing Historic Gold Ratio Breakout!
Gold/Dollar Ratio Chart
One of my favorite gold ratios to follow is a simple one: The price of Gold versus the US Dollar.
If Gold is...
Precious Metals Bulls Hope US Dollar Breaks Key Trend Support!
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...
What the Heck is a Bollinger Band Anyway?
In 1980 John Bollinger came up with the formula called Bollinger Bands.
Bollinger used a moving average with two trading bands above and below it.Â
Unlike a percentage...
Is the Canadian Dollar Reverting Back to Reputation as Petrol Currency?
If you were to gauge global risk appetite by stock market performance, the answer would be clear. Investors are hungry for risk and the...
Gold Bulls Hope the Euro Holds Long-Term Trend Line!
Currencies play an important role with precious metals.
Gold and Silver either have the tailwind of a weak US Dollar or the headwind of a...
The Euro Is Testing Critical Currency Support Right Now!
There are a lot of implications in play with today's chart. Traders of currencies, commodities, equities, and bonds should pay attention.
Today's chart looks at...
Bitcoin Setting Up for a Breakout In Early 2020
One market that triggered a technical buy signal for us over the last week is Bitcoin $BTCUSD and the ETF OTC:GBTC.
From a technical perspective,...