Foreign Exchange Analytics

S&P 500 (cash) near term outlook:No change as the market is seen in process of an important topping (potentially a major topping, see longer term below), recently turning down from a...

EUR/JPY near term outlook:In the July 31st email, affirmed the view of an important bottoming in the 136.00/25 support area (Feb low, base of bull channel from July 2012), and now with potential for...

Volatile trade in natgas futures over the last week, surging to reach a high on Feb 24th high at $6.49 (a level not seen since Dec 2008, and also a test of the rising resistance line since Jul 2012)...

Gold near term outlook:Gold etf (GLD) accelerating higher after the Feb 7th upside break of the bearish trendline from Aug, and yesterday's break above the late Jan high at 122.51. Note too that the...

The dollar index has rallied from last week's low at 78.10 (and slight break of the long discussed 78.20/35 support area), recently breaking just resistance at the bearish trendline from Jan...

No change in the longer term view in gold since late last year, of an extended period of wide ranging, as the market consolidates the whole upmove from the Oct 2008 low at $681.00 (see weekly chart...

In the Feb 7th email on stg/yen (and the market near 122), affirmed the long position (bought on Jan 18th at 118.45) as the 5 wave rally from the Sept low at 116.90 continued to argue that the upside...

Gold is trading near the middle of the $1535/1924 range that has been in place since early Sept.  Broadly seen as an extended period of consolidating, with declines back to the base and...

USD index is consolidating from the Nov 1st high at 77.65, and after the rally from the Oct 27th low at 74.75.  Note that the upmove occurred in 5 waves, suggesting the recent action is a...