USDJPY Breaking Higher: Will Bond Yields Play Catch Up?
Traders, I'd like to share an interesting inter-market relationship with you this morning. In the chart below, I've tracked the USDJPY vs the 10 Yield...
Gold Rangebound: Dollar, Equities Pressuring Yellow Metal
The headline number on the SPDR Gold Shares ETF (GLD) is that it has gained 6.79% so far in 2014. However, the reality is...
Will Draghi Take Action In September?
The odds for European Central Bank President Mario Draghi to add additional monetary measures to help boost the European economy are starting to tick...
Has Silver Lost Its Luster? 2 Key Fibonacci Levels To Watch
To get a better idea of what's happening with Silver, let's start with a long-term view of price history. From the low of $3.92 in...
Are Wheat Futures Putting In A Bullish Reversal?
Back in May, I wrote a post about a high ranking short opportunity in Wheat Futures (ZW). And now that the downside has run its...
Emerging Markets ETF (EEM) At Key Technical Resistance
The speed of the recovery from the decline in U.S. equities from late July to early August affirms it's still a dip-buying environment. The...
Did Corn Prices Just Bottom?
Lots of interesting dynamics at play for grain commodities right now. In short, the past 3 months haven't been kind to Corn, Wheat, and...
EURAUD: A Case for the Copsey Modified Elliott Wave
As you all may know from previous posts about how I analyze and use harmonic patterns, I often look for patterns in the larger...
Financial Market Overview: Is Banco Espirito Santo A Canary In The Coal Mine?
We saw the U.S. equity markets retreat from their all-time highs (except the Nasdaq Composite which still has yet to break it’s 2000 all-time high!)....
U.S. Dollar Under Pressure: Geopolitics Loom Large
While America sleeps, we continue to lose financial ground to those determined to unseat the monopoly of the U.S. currency.
Take for example The People’s...