CRB vs. USD Has Reached 40 Year Support, But Can it Hold?
On 12/17/15 in this post we highlighted this chart which showed that the ratio of the CRB Index vs. USD was fast approaching a 30-year support line. In reality, if we extended that support line left into the early 70s…...
USDRUB Breaks out of 18 Year Channel to the Upside (The Loss of Fed Independence)
In the chart below at (A) USDRUB has broken out of a ~18-year channel b/t lines (1) resistance and (2) support to the upside. Every major swing high and low for the pair has come on these respective channel lines over…...