Posts

Chart of the Day – Silver – (August 29th 2019)

Silver posted today an outside spinning top after a relentless 3 month rally higher.

Chart of the Day – Gold / Silver Ratio – (August 28th 2019)

The Gold silver ratio reversed lower last month from an almost all time record high (above 93).

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?

Chart of the Day -AUDJPY- (May 6th 2019)

Ahead of the RBA decision tonight the AUDJPY has broken key support as the China/US trade negotiations apparently are strained.

Chart of the Day -Crude Oil- (May 2nd 2019)

Following up on Sunday’s blog post (read it HERE), crude has now broken below the horizontal support area and the ascending channel’s support (both confluenced at $63.75).

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 […]

Chart of the Day -WTI- (Jan. 2nd 2019)

After a huge move that pushed it from as high as $77 to almost 42 within a 3 month period, crude found a low 1 day before the Christmas break.

Chart of the Day -USDJPY- (Dec. 27th 2018)

USDJPY is rebounding higher after finding support at the confluence of the 88.6% Fib of the August low to the October high and the 141.4% extension of the October low to the November high.

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.