It’s the weekly currency edition of What the FICC?
It’s victory at sea across currency markets. But it’s not stopping the US dollar from cutting through the chop…
Check it out!
Expert technical analysis of financial markets by JC Parets
by Ian Culley
It’s the weekly currency edition of What the FICC?
It’s victory at sea across currency markets. But it’s not stopping the US dollar from cutting through the chop…
Check it out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
Challenging conditions prevail across currency markets.
It’s victory at sea!
But that’s not stopping the dollar from cutting through the chop.
Does that mean it’ll go on a run, applying downside pressure on risk assets?
It’s tough to say.
Nevertheless, I have one chart for you that provides clarity as the dollar begins to make its move.
by Ian Culley
It’s the weekly currency edition of What the FICC?
Despite the overarching range-bound action and intraday indecision across the currency markets, I continue to find trade setups with well-defined risks.
Check it out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
It’s messy out there.
The CPI data came in a little warmer than expected today. And currency markets aren’t quite sure what to make of it.
Despite the overarching range-bound action and intraday indecision, I continue to find trade setups with well-defined risks.
Today, I’ll outline another vehicle to short a potential falling dollar – the Swiss franc.
by Ian Culley
It’s the weekly currency edition of What the FICC?
Yesterday, the US dollar index $DXY booked its largest three-day gain since it peaked in late September. So will today’s bounce turn into tomorrow’s rally?
I don’t know. But you want to monitor these two levels for insight.
Check it out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
The US dollar index $DXY has some extra pep in its step after posting three consecutive daily gains.
In fact, the past few days constitute its largest three-day gain since the index peaked in late September.
I think it’s safe to say the long-awaited USD bounce has arrived. The question now is whether it will turn into a sustained rally.
No one knows, of course. But these next two levels will help us prepare for an impactful dollar advance…
by Ian Culley
From the Desk of Ian Culley @IanCulley
Everyone wants to know where the dollar is headed next.
It’s great investors are showing interest in the dollar, while understanding the impact it has on risk assets at the moment.
But I have no idea where the dollar is headed. No one does.
Regardless, I can still form a framework to help make the best logical guess despite an incomplete data set. That’s what we do at All Star Charts!
So let’s recap three points I’ve made regarding the dollar in recent months that I believe hold the greatest weight…
by Ian Culley
It’s the weekly currency edition of What the FICC?
If the US dollar index $DXY is going to catch higher, it has a funny way of showing it. I haven’t ruled out a bout of dollar strength.
Nevertheless, I’m preparing to play USD weakness.
Check it out!