Forex Trading Analysis: US Dollar Pairs In Focus
Here's a quick update on the Forex trading environment. The price action in the dollar based pairs suggests that some further consolidation/corrective action is underway.
I...
Chart Of The Day: Russian ETF (RSX) Feeling The Pain
Russia has had its share of economic pain over recent years, but the past year has really gotten ugly. And this is taking its...
Is Gold Targeting $1270?
A little over a week ago, I put together a post on the outlook for Gold into year-end. What I found interesting about that piece...
Why Copper Prices May Be Set To Fall Further
Copper has long been a barometer of economic health, so when the shiny metal starts to fall sharply, it begs the question: what's going...
Chart Focus: Gold Futures Near Weekly Resistance
It's been a wild ride for Gold prices of late. After a big selloff into early November, Gold futures have rallied back to $1200/oz....
Crude Oil Prices Pop And Fade: How Far Can The Rally Go?
The big news of the morning is the global effort to ease continues with China’s rate cut and Mario Draghi’s strong words, "It is...
The Importance Of The All Ordinaries Index And AUDJPY
The All Ordinaries Index has yet to hit its SELL pattern target so this pattern is still valid.  The zone of 5760-5835 is the key...
Is Natural Gas Setting Up For A Tradable Rally?
Natural Gas has gotten plenty of attention with volatile moves during the latest polar vortex. Prices are down 12% this week as of this...
Why Geopolitical Risk Is Rising For Financial Markets
It has been some time since the financial markets braced for (and reacted to) geopolitical conflict. In fact, it's likely not even on investors...
US Dollar Update: More Upside For The Buck?
The US Dollar made a big move higher over the summer and spent much of October consolidating those gains. Is it ready to move...