Tag Archives: Dollar

The Dollar, Gold and Silver

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Market Watch – 04/22/2011

The reverse head and shoulder formation is complete and the neckline has been broken for the Dow 30.  I expect the market will be bullish at least in the next couple of months without major correction.  The price target should … Continue reading

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Dollar Bottomed and Treasury Yield Broke Out

Last week  there are two events happening in the market that caught my eyes.  The first is the U.S. dollar bottomed out and reversed its declines in the last few weeks.  The second is that the long term Treasury yields … Continue reading

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The U.S. Dollar Is Approaching the Major Support Line

I expect the dollar will bounce back after touching this major long term support currently a little bit lower than 77.  Together with it, the Dow 30 is supposed to move up to the major top early next week.

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The Dollar Has Bottomed Out

The following chart indicates the dollar reversed 3 weeks ago.  The past experience on the dollar movement suggests it would increase 4-5 weeks in the row.  If that is true, it has finished the 3rd week up and is expected … Continue reading

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Market Watch – 11/05/2010

Market has priced in the growth rate of 2% of the U.S. economic activities right in today.  That is reflected in the Dow 30 price of  more than 11,400.  But the CMI index projects the consumer spending contracts at about 4% rate … Continue reading

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