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The Most Important Chart in the World Is Getting Uglier By the Day

Summary:
The $USD continues to drop like a brick, having taken out critical support in the near-term. This is just the beginning. It's only going to get worse from here. Here’s the $USD’s chart running back 40 years. I call this the “single most important chart in the world,” because how the $USD moves has a ...

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The $USD continues to drop like a brick, having taken out critical support in the near-term.

The Most Important Chart in the World Is Getting Uglier By the Day

This is just the beginning. It's only going to get worse from here.

Here’s the $USD’s chart running back 40 years. I call this the “single most important chart in the world,” because how the $USD moves has a massive impact on all other asset classes.

The Most Important Chart in the World Is Getting Uglier By the Day

As you can see the $USD broke out of a massive 40 year falling wedge pattern. This initial breakout has failed to reach its ultimate target (120) and is now rolling over for a retest of the upper trendline in the mid-to low-80s.

Put simply, this chart is telling us that the $USD is going to be collapsing in the coming months.

The implications of this are going to be tremendous for the financial system. US corporate profits will be increasing particularly for large multi-national companies. Emerging Markets will outperform.

And most importantly, the $USD's collapse  is going to be like rocket fuel for inflation trades. 

If you’re not taking steps to actively profit from this, it's time to get a move on.

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Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Phoenix Capital Research
Founded in 2009, Phoenix Capital Investment Research is an investment strategy firm offering innovative investment research products to investors. We publish research. We don’t broker deals. We don’t manage assets. Our success has been based on the fact that our ideas make our clients money. See our Products page to find out more about how we can help you with your investment goals.

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