Why the Bullish US Dollar Theory Is Flawed
Maybe I just love a contrarian view.
My dollar theory differs from so many analysts.
First, I know that the traditional relationship between the dollar, commodities...
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...
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.
Unlike a percentage...
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...
US Dollar ETF Ready to Reverse Higher In 2020 (Elliott Wave Forecast)
In our July 2019 post about the Invesco DB US Dollar Index Bullish Fund (NYSEArca: UUP) we wrote that price was trying to bounce from the...
Top 10 Investment Charts For This Year (2020)
I spent a lot of time in the 2019 End of Year Special Edition looking back and reflecting across the year just been, covering some of my best (and worst) charts...
Japanese Yen ETF: Elliott Wave Forecasting Breakdown?
Our June 2019 chart for the CurrencyShares Japanese Yen Trust NYSEARCA: FXY showed the fund testing resistance at 89.24.
We also said it could test the next...
Euro Currency Breakout? Gold Bulls Sure Hope So!
Euro Currency Breakout? - Here's the “weekly” Chart
The Euro has spent much of the past 2 years trading in a down-trend.
Though precious metals like...
Rising US Dollar Should Continue To Pressure Gold and Emerging Markets
The major US stock market indices pushed up and made new all-time highs Monday, with market breadth coming in better than what we've seen...