Go go greenback. Classic(?) three drives lower with RSI divergence. pic.twitter.com/YScJUxY7Rc — Michael Kahn, CMT (@mnkahn) September 23, 2020 Today’s Chart of the Day was shared on Twitter by Michael Kahn (@mnkahn). It’s a daily bar chart of the US Dollar Index over the past year. The US Dollar moved higher for the fourth straight […]
Chart of the Day – Monday, September 21st, 2020
$DXY US Dollar Index 1D Price says 94 is a significant zone 200 EMA is currently at 96.29… pic.twitter.com/oDLtu5Imm5 — Shane C. Murphy (@murphycharts) September 21, 2020 Today’s Chart of the Day was shared on Twitter by Shane Murphy (@murphycharts). It’s a daily candlestick chart of the US Dollar index over the past year. […]
Chart of the Day – Wednesday, September 16th, 2020
$DXY with the inverse correlation between the US Dollar and the S&P500 $SPY $SPX. Question I'm pondering this evening – what would a ripping dollar mean for stocks? pic.twitter.com/jb2YdgaV9u — Sam McCallum (@honeystocks1) September 16, 2020 Today’s Chart of the Day was shared on Twitter by Sam McCallum (@honeystocks1). On top is a chart of the […]
Chart of the Day – Tuesday, September 8th, 2020
Dollar downtrend break after flashing a divergence $UUP $DX_F $USDX pic.twitter.com/0r5NxIy0af — Aaron (@ATMcharts) September 8, 2020 Today’s Chart of the Day was shared on Twitter by Aaron Jackson (@ATMcharts). It’s a daily candlestick chart of the US Dollar ETF, $UUP, over the past year. Aaron points out that after five months of trending lower, […]
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) […]
