• 47 mins Police Bust China’s Largest Bitcoin Hacking Scheme
  • 3 hours Venezuela Undergoes “One Of The Greatest Currency Devaluations Ever”
  • 19 hours Gold Is Up But Bears Still Have The Advantage
  • 20 hours Consumers Show ‘Extraordinary’ Shift In Sentiment
  • 21 hours Uber Falling Victim to Investors’ Short-Term Thinking
  • 22 hours Has Eastern European Economic Growth Hit A Ceiling?
  • 23 hours Wall Street Confident In Trade War Breakthrough
  • 1 day Emerging Market Woes Spark Surge In Bitcoin Trading Volume
  • 1 day Saudis Sovereign Wealth Fund Eyes Tesla Rival
  • 2 days Inflation Wipes Out Wage Growth
  • 3 days Turks Flock To Safe Haven Assets As Lira Plummets
  • 4 days Did North Korean Hackers Just Steal $13M From Global ATMs?
  • 4 days Asian Tech Stocks Rebound After A Tough Week
  • 4 days Switzerland Bans New Audi, Mercedes, Porsche Imports
  • 4 days Sealing Off The North Korea Smuggling Loophole
  • 4 days This Tech Giant Is Pushing For Blockchain Adoption
  • 4 days Venezuela’s Gold Reserves Are Reaching Critical Levels
  • 5 days Brexit Woes Weigh On The British Pound
  • 5 days Forget Turkey, This Is The Biggest Threat To European Finance
  • 5 days There’s No Hiding From Google
Time To Buy A Lada? Russian Auto Sales Are Booming

Time To Buy A Lada? Russian Auto Sales Are Booming

Russia’s flagship carmaker was once…

U.S.-Turkey Tensions Take A Dangerous Turn

U.S.-Turkey Tensions Take A Dangerous Turn

U.S.-Turkey tensions have reached a…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

US Dollar Showing Signs of Strength

US Dollar Showing Signs of Strength

This chart will be making US Treasury nervous, after years of saying they want a strong dollar, it seems we are on the verge of more strength in the dollar.

Reviewing the US Dollar bullish etf UUP.

The latest sell down on large volume is losing its selling power (7 to 8) this is of course bullish as there is more buying going than any previous sell down. RTT Volume wave provides the visual to see what is going on within the price and volume waves, and it seams more highs for the US dollar can be expected. Watching each rally with interest.

Table summarizing the statistics between each number swing on the chart.

Start End High Low Change %Chg Cumulative Volume (Millions) Days
1 2 25.84 23.28 -2.56 -10% 26.3 9
3 4 24.22 22.28 -1.94 -8% 39.5 10
5 6 22.63 20.84 -1.79 -8% 31.8 11
7 8 22.62 21.07 -1.55 -7% 29.7 4

US Dollar Index

 

Back to homepage

Leave a comment

Leave a comment