Posts

Chart of the Day – EURUSD – (November 5th 2019)

Following a strong move higher that breached through several areas of resistance, the EURUSD is in danger of posting a double top if it fails from current support level.

Chart of the Day – NZDUSD – (November 4th 2019)

Kiwi has developed an inverted H&S formation where the head is a prior H&S formation indicated previously in our analysis.

Are US Equities Near a Major Direction Change?

Last week’s Nonfarm Payrolls print – and the subsequent market reaction – made me think about US equities and how their behaviour has changed over the years following the 2008 global financial crisis. Let’s first take a step back and remember how things used to work prior to 2008, regarding the relationship between economic data […]

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 […]