Most Popular

1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian

2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat

3. Bitcoin S&P Pattern - Nadeem_Walayat

4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat

4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison

5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat

7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat

8.The Bond Trade and Interest Rates - Nadeem_Walayat

9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride

10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills

Last 7 days

Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24

Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24

Is Forex Worth It? - 8th Nov 24

Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24

Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24

Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24

Gold Stocks’ Winter Rally 2024 - 3rd Nov 24

Why Countdown to U.S. Recession is Underway - 3rd Nov 24

Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24

President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24

Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24

The Future of Online Casinos - 28th Oct 24

Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24

Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24

UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24

7 Days of Crypto Opportunities Starts NOW - 27th Oct 24

The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24

This Points To Significantly Higher Silver Prices - 27th Oct 24

US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24

US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24

Stock Market October Correction - 30th Sep 24

The Folly of Tariffs and Trade Wars - 30th Sep 24

Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24

The Everything Rally will Spark multi year Bull Market - 30th Sep 24

US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24

US Housing Market Free Equity - 23rd Sep 24

US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24

US State Demographics - 22nd Sep 24

Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24

Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24

US Population Growth Rate - 17th Sep 24

Are Stocks Overheating? - 17th Sep 24

Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24

If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24

IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24

Global Debt Bubble - 12th Sep 24

Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

Subscribe Now

Watching for an Undercut Bottom in the US Dollar

Currencies / US Dollar May 04, 2016 - 04:50 PM GMT

By: Gary_Savage

Undercut bottom in the dollar coming next? Maybe.

Currencies are tricky SOB’s. Be aware we may still get one more drop to form an undercut low and catch shorts on the wrong side of the market.

Gary Savage
The Smart Money Tracker

Gary Savage authors the Smart Money Tracker and daily financial newsletter tracking the stock & commodity markets with special emphasis on the precious metals market.

© 2016 Copyright Gary Savage - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.

Terms of Use | Privacy Policy