Did the $DXY just fake us out? $USD $UUP pic.twitter.com/dEltfXTwIC — Mike Zaccardi, CFA, CMT (@MikeZaccardi) August 23, 2021 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). it’s a daily candlestick chart of the US Dollar index over the past year. The Dollar raised some eyebrows last week as it broke out to […]
Chart of the Day – Thursday, December 3rd, 2020
Today’s Chart of the Day was shared by Chris Kimble (@KimbleCharting). It’s a monthly chart of the US Dollar Index ($DXY) going all the way back to 1985. $DXY fell for the third straight day today and is now decisively below that key $92 support level that we highlighted a couple of weeks ago. Chris […]
Chart of the Day – Tuesday, August 25th, 2020
$DXY | Citi's Pain Index recently hit -40. The index has only hit that level a handful of other times over the last 8+ years. This implies there is *very* crowded short positioning in the dollar amongst FX funds. There's a lot of fuel to drive a sharp mean-reversion trade. pic.twitter.com/WzqzlCINLX — Alex Barrow (@MacroOps) […]
Chart of the Day – Tuesday, July 28th, 2020
The US Dollar Index declined yesterday for the 7th day in a row, at its lowest level since September 2018. $USD pic.twitter.com/6VLwzpQpMm — Charlie Bilello (@charliebilello) July 28, 2020 Today’s Chart of the Day was shared on Twitter by Charlie Bilello (@CharlieBilello). It’s a daily candlestick chart of the US Dollar Index ($USD) over the past […]
Chart of the Day – Friday, February 14th, 2020
$USO $UWT $CL_F on week six looks like range low holding = starting to scale in for a move back into the range pic.twitter.com/Cg8qUhR1wc — Cousin_Vinny (@Couzin_Vinny) February 14, 2020 Today’s Chart of the Day was shared on Twitter by @Couzin_Vinny. It’s a weekly candlestick chart of WTI Crude Oil futures over the past ~3 […]