‘Dollar Update’ Archive

King Dollar/Yen could break down, send risk off message to stocks

usdollaryenattemptingbreakdown apr 5

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Sometimes currency price action can be very helpful, when it comes to whether one should own stocks or not.

The US$/Yen has been correlated with stocks fairly well over the past few years. As the US$/YEN was hitting highs over the past year, stocks followed right along with it.

Potential …

Gold/US Dollar experience “Death Cross” & support break this week!

dollar gold ratio breaking support march 17

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The above chart looks at the U.S. Dollar/Gold ratio over the past 25-years. From 2001 to 2011, the ratio headed sharply lower, reflecting that the US$ was much weaker than Gold for almost a decade. Starting in 2011, the ratio has turned up, reflecting that the US$ has been stronger …

King Dollar- Creating bullish reversal patterns at support

dollar bullish wicks at support euro opposite march 10

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The chart above looks at the US Dollar and Euro, on a monthly basis, over the past 10-years.

Over the past year the US$ has traded sideways, after a strong rally. The Euro pattern is the opposite, trading sideways, after a large decline.

I do find this one issue interesting; …