Tag: Interest Rates

12/26/23 – “The Dollar Index set its lowest daily close (since early-August) on December 26th, initially fulfilling the latest phase of its ~4-week cycle and the reinforcing ~24-week low-low-low-(low; Dec 26 – 29, ’23) Cycle Progression that portends an impending bottom. This is also the second week after the Dollar Index tested and held its weekly HLS, an indicator that projects a 1 – 2 month low in the ensuing […]

12/20/23 – “The Dollar Index remains capable of extending the latest decline into the next phase of its ~4-week cycle in late-Dec ’23. That is also when a ~24-week low-low-low-(low; Dec 26 – 29, ’23) Cycle Progression would mature.  Corroborating that, the Dollar Index tested and held its weekly HLS (102.18/DXH) last week, portending a 1 – 2 month low in the ensuing 1 – 2 weeks. That should also be […]

12/19/23 – “The Dollar Index resumed its decline after testing & holding its weekly LHR (103.82/DXH) and descending daily 21 High MAC last week, projecting a new sell-off into the next phase of its ~4-week cycle in late-Dec ’23. That is also when a ~24-week low-low-low-(low; Dec 26 – 29, ’23) Cycle Progression would mature.  Corroborating that, the Dollar Index just tested and held its weekly HLS (102.18/DXH), portending a 1 – 2 […]

12/16/23 – “The Dollar did see a new decline as the Euro & Yen rallied.  Those moves could ultimately stretch into late-December.  Gold & Silver surged from intermediate support levels but need to turn their daily trends up to show additional strength… The Dollar Index resumed its decline after testing & holding its weekly LHR (103.82/DXH) and descending daily 21 High MAC last week, projecting a new sell-off into the […]

12/13/23 – “The Dollar Index resumed its decline after testing & holding its weekly LHR (103.82/DXH) and descending daily 21 High MAC last week, projecting a new sell-off into the next phase of its ~4-week cycle in late-Dec ’23… a type of Intra-month Inverted V.  That is also when a ~24-week low-low-low-(low; Dec 26 – 29, ’23) Cycle Progression would mature. That could also be a decisive time with regard to the Dollar’s monthly 21 […]

12/09/23 – “The Dollar Index has rebounded after reaching multi-week downside targets & support (~102.40/ DXZ), setting a multi-week low.  That also fulfilled a 26 – 29-day high-high-high-(low; Nov 27 – 30) Cycle Progression and ushered in a new rally.  The new daily & intra-month trends quickly validated that, reversing up and projecting a rally into mid-month. It tested & held its weekly LHR (103.82/DXH), a sign of an imminent high. […]

12/06/23 – “The Dollar Index reached multi-week downside targets & support (~102.40/DXZ), setting the stage for a 1 – 2 week low.  It also fulfilled a 26 – 29-day high-high-high-(low; Nov 27 – 30) Cycle Progression while reinforcing the developing negative structure of the monthly trend & wave structure. That spurred an initial rally that turned the daily & intra-month trends up, reinforcing the recent low.  That could spur […]