The USD showed the potential to breakdown against many majors

The USD (DXY) has been range bound for months, and mostly this is a product of many cross currents in the markets. Equity market volatility, weakness of fundamental data globally stating to seep in, the FOMC looking to be at the end of their hike cycle, China and US trade war brewing, and the list […]

US Equities have rolled over but is this the market top?

The US equity markets are trading heavy after a strong selloff, is there more selling to come?

EURUSD, where to from here?

The EUR/USD has been quite erratic since early 2015. The Greek crisis caused the pair to drop from 1.40 to nearly parity, all in the space of 10 months, and that was a brutal move lower which destroyed longs. Since then, the pair has range traded between 1.04 and 1.24, spending some time near both […]

Are precious metals due for a relief rally?

Precious metals have exhibited broad weakness in the past six months, seemingly contrary to what market conditions might suggest. In the midst of trade wars and Emerging Markets worries, they should – in theory at least – have performed better. But can we identify any fundamental reasons for that? Let’s take a step back and […]

Crude Oil Blog Post

After a 55% rally since the 2017 lows, crude is now vulnerable

italy colosseum

Do the Italian Elections pose a risk to the EZ recovery and affected assets?

Sunday the 4th March is the day of the 2018 Italian parliamentary elections, and this has been a highly anticipated event. We’re going to discuss the various outcomes and their probabilities, but first we’re going to talk about the current market sentiment.

Dollar

EW Video: USD Can Make A New Turn In 2018

Good day traders! Following Christmas and New Year holidays we have seen a new bout of dollar weakness across the board which may not be over yet based on recent price developments.

Do USDJPY & the Nikkei tell a different story?

Over the last couple months as a Japanese investor, the moves have been nothing less of extraordinary. Since the end of August to a couple weeks ago, the rally of 22% was unprecedented as the market took cues from the other global equity markets hitting all-time highs in many cases (US, German, etc.) and the […]

Will the Pound Fall Off a Cliff?

Cable is making a nice drop from the 1.3650 September high which can prove to be the start of a new bearish trend if we consider that the move higher from January of this year is most probably an ending diagonal.