Dollar Index 2017-06-11

The dollar has been dropping from the start of this year. Does that mark the dollar high? I think not but do think that the advance is slowing and therefore not expecting dramatic gains. The main scenario I am following is on of an ending diagonal where wave ii of the...

Dollar Index 2017-05-17

The Dollar has been dropping but think it is too soon to declare the dollar rally up from the 2016 low to be over. Until the dollar is under 96.50, it is premature to think the rally up from the 2011 low is complete. This is the alternate count that I have been...

Dollar Index 2017-04-17

The dollar is continuing lower in the short term as expected. The reaction to the next support zone should help clarify which of the short term patterns is active. If 99.84 to 99.48 holds, it argues for wave iv being complete and ready to start an advance into later...

Dollar Index 2017-04-17

The dollar advance is certainly losing momentum but should rise into the end of the year. The question is how will that advance form and is still an open question. Either we just finished a wave iv or have a bit more of a retrace in a wave ii of an ending diagonal. I...

Dollar Index and Dollar ETF (UUP) 2017-03-18

The dollar certainly can use a rest but think it unlikely the rise from 2016 is complete. There are two forms a consolidation can take, one being a triangle keeping the dollar in a relatively tight range for a couple months, and secondly, a deeper retracement that...