• 1,190 days Will The ECB Continue To Hike Rates?
  • 1,190 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,192 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,591 days Could Crypto Overtake Traditional Investment?
  • 1,596 days Americans Still Quitting Jobs At Record Pace
  • 1,598 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,601 days Is The Dollar Too Strong?
  • 1,601 days Big Tech Disappoints Investors on Earnings Calls
  • 1,602 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,604 days China Is Quietly Trying To Distance Itself From Russia
  • 1,604 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,608 days Crypto Investors Won Big In 2021
  • 1,608 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,609 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,612 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,612 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,615 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,616 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,616 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,618 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 One Last Push

Grinch

The strong rally in the USD dollar is not done. This wont be good news for USA exporters, Grinch is taking revenue away!

Looks like the DXY/UUP will have one last push higher. After all ECB, PBOC and BOJ are all talking easing in their zones while the US FED talks interest rate hikes in Dec 2015.

Close up chart

US Dollar Index Daily Chart

Longer term chart

US Dollar Index Weekly Chart

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote.

"[Point and] figure charts are more valuable than vertical [bar] charts." ~ Richard D Wyckoff

"The minute you get away from the fundamentals - whether it's proper technique, work ethic, or mental preparation - the bottom can fall out of your game." ~ Basketball Legend Michael Jordan.

"The stock market is filled with individuals who know the price of everything, but the value of nothing." ~ Philip Fisher

"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." ~ Warren Buffett

"It's easier to fool people, than to convince them they have been fooled." ~ Mark Twain

 

Back to homepage

Leave a comment

Leave a comment