Currency ETFs Break Historical Uptrends

Hickey and Walters (Bespoke) submit:
Below we highlight price charts of three currency ETFs that had been in uptrends since their inception until recently.  The Australian Dollar ETF (FXA), British Pound ETF (FXB), and Euro ETF (FXE) have all suffered big declines over the last few weeks. These trendline breaks are bearish for technicians, and they provide an even bigger signal that the US Dollar tide has turned.Complete Story »