"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 5 hours Will Regulatory Rollbacks Make Banks 'Too Big To Fail?'
  • 6 hours Elon Musk’s $2.6 Billion Tesla Challenge
  • 7 hours Tech Giants Could Be First Victims Of U.S. Trade War
  • 8 hours Dow Gains Despite Fed’s Rate Hike
  • 9 hours The Biggest Threat To Chinese Oil Futures
  • 11 hours Spending Bill Could Cause U.S. Debt To Soar To 99% Of GDP
  • 12 hours Precious Metals Slide Ahead Of Fed’s Interest Rate Decision
  • 14 hours China’s Soft Power Grab May Be Bad News For Emerging Economies
  • 1 day The Secretive Wall Street Firm Betting On Bitcoin
  • 1 day ‘Data Is King’: The Oil Industry’s Next Most Valuable Resource
  • 1 day Google Invests $300 Million To Combat Fake News
  • 1 day Zuckerberg Dodges A Bullet As Facebook Loses Billions
  • 1 day Tesla Tumbles As Investors Lose Patience
  • 1 day Are Alt-Coins On The Verge Of A Break Out?
  • 2 days What Should Gold Investors Expect From The New Fed Chair?
  • 2 days Who Will Pay For Trump's $60 Billion China Tariffs?
  • 2 days Vladimir Putin’s Mysterious Fortune
  • 2 days Cryptos Resist Social Media Crackdown
  • 2 days The Death Of Dodd-Frank
  • 2 days Bitcoin Bounces Back Ahead Of G20 Meeting
Economic Pressures Weigh On Banks And Borrowers

Economic Pressures Weigh On Banks And Borrowers

Banks and borrowers are under…

Trump's Trade War Nears Boiling Point

Trump's Trade War Nears Boiling Point

Trump’s trade war appears to…

The App That Democratized Trading Is Now Worth $5B

The App That Democratized Trading Is Now Worth $5B

Investors and customers have rallied…

US Dollar

With no break of the 34-dma and a cycle low due this week it is beginning to look like the bulk of the expected correction is behind us and DXY will soon begin what is expected to be the last leg of its rally prior to this September.

April looks bullish for the dollar with short-term cycles pointing to highs near both Apr. 15 and Apr. 30.

The price target of 102.00 is a minimum target derived from the six-year triangle but my price forecasting model generates a target of 103.50.

The Coppock Curve has reached the "good overbought" level confirming the March high. This implies a return to these levels or higher after a correction this spring/summer.

Coppock Curve
Larger Image


Back to homepage

Leave a comment

Leave a comment

Sign Up For The Safehaven Newsletter