Posts

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. 

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 […]