Gold is breaking out

Gold breaks higher after 6 years of consolidation

Gold finally broke out higher from multi-year resistance, and that has certainly caught the market’s attention. Attempts have been made to explain this move, but what are really the factors that move Gold – both in the short term as well as the long term?

Dollar Blog Post

The dollar is in danger of breaking down!

The US Dollar has seen an impressive reversal in the past few sessions, and this can be mostly attributed to the reversal seen within the Fed, over the past months. If we recall, only six months ago, the Fed was in “autopilot” mode: tightening bias and unwinding of the balance sheet. Since then, the Fed’s […]

Crude Oil Blog Post

Crude Oil reversed lower from key level. What should we expect going forward?

Crude Oil is quite a peculiar instrument to trade, given that its supply side has been managed for decades. If we look at a multi-year chart, there was a very evident move which happened in 2014. The drop from over $100 to $40 was very sharp and relentless, and it was driven mostly by the […]

Italy and the European Union: Danger Ahead or Plain Sailing?

With Italy frequently dominating the headlines in the recent weeks, it’s a good idea to take a macro look at the Eurozone: its origins, some aspects of its structure, and what dangers it might face in the near future. 

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?

US Equities and Bonds may give the Forex market a hint

As the equity markets continue to extend their gains into the fall season, we continue to look at what the implications will be on currencies, and what potential outcomes we may have in the current environment. 

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