Posts

usdmxn

Strong breakdown on USDMXN; More to Come After Rally

USDMXN is in a strong breakdown for the last few months if not years, with recent extensions down to 16.30 after a nice breakdown through the trendline support.

silver

Silver Pulls Back, Support at $24

Silver has been trading sideways since 2021, indicating a corrective move due to its choppy and overlapping price action.

US Yields: Possible For Move Down 3% Rather Than Back To 5%

In the years following the economic reopening after COVID-19, U.S. Treasury yields surged as inflation spiked significantly.

audusd

Australian Dollar Breaking Out of a Downward Channel; Bullish for 2024

Commodity currencies have been demonstrating robust strength, notably outperforming the Euro (EUR) and British Pound (GBP) since November.