‘Dollar Update’ Archive

King Dollar & Euro… A “Trend Change” has to happen!

  CLICK ON CHART TO ENLARGE Is it time for the U.S. Dollar & Euro to change their current trend? My first thought would be “what trend?”  Many talk about the big moves in the U.S. Dollar and Euro and I just want to scratch my head and say, “where is the trend?” The above […]

These U.S. Dollar/Euro moves are “Not Unusual!”

  CLICK ON CHART TO ENLARGE Yesterday I ask my friend Josh Brown of The Reformed Broker what his take on the chart above was and he shared – “people act like everything is so extraordinary now” and that the chart reminded him of the Tom Jones mega-hit “It’s Not Unusual” (See 1965 Video Here).  […]

U.S. Dollar could reverse direction here, says Joe Friday

  CLICK ON CHART TO ENLARGE The U.S. Dollar is now facing resistance that has held three times over the last 5-years. At the same time it is facing channel resistance, with momentum overbought and it is easy to find Dollar bulls (lower left chart 85%). It is these conditions that led Premium members to […]