That US Dollar though…?$DXY #USD pic.twitter.com/xMOId7h3vB — Greg Rieben (@gregrieben) July 5, 2022 Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). Today was the best day for the US Dollar Index since 2020, rising to its highest level in 20 years. Dollar strength is generally a headwind for risk assets including Stocks, Commodities, and […]
Chart of the Day – Tuesday, April 12th, 2022
US Dollar Index $DXY up 9 days in a row as it nears an area of former resistance ~100.50. pic.twitter.com/StONUioHMT — Ian Culley (@IanCulley) April 12, 2022 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). It’s a chart of the US Dollar Index ($DXY) over the past two years. The Dollar Index rose […]
Chart of the Day – Thursday, November 11th, 2021
Today’s Chart of the Day was shared in a note by John Roque of 22V Research. It’s a chart of the US Dollar Index ($DXY) over the past two years. John points out that the Dollar is breaking out of a 16-month base and an inverted head & shoulders pattern. It’s currently trading at its highest level in more […]
Chart of the Day – Monday, August 23rd, 2021
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 – Friday, May 7th, 2021
USD takes out YTD up trend… $DXY $UUP pic.twitter.com/y2G0QDIIPF — J4 (@J4_doji) May 7, 2021 Today’s Chart of the Day was shared by @J4_doji. It’s a chart of the US Dollar Index over the past 14-months. Today was the worst day for the Dollar in six months. After getting crushed last year, the Dollar has spent […]