Looking to open new short positions against weakest currencies (AUD, NZD, CAD, GBP) by the opening of the week, month, quarter and semester we are now hesitating between selling them against the Swiss Franc (CHF) or the Japanese Yen (JPY). Now the question that arises is, which of the two is the strongest and expected […]
The Only Way is Down for the British Pound Sterling
Summary The British Pound is in a secular down trend against the US dollar that should not end until the exchange rate retests the 1.035 historical low marked in 1985 and possibly moves lower to reach parity. The rate is bearish on all time scales from the daily to the 2-year duration and a bearish […]
FOREX Sell Signal – AUD/CHF
The long term price charts are pointing out an extreme bearishness on the AUD/CHF currency pair. Now the shorter term charts confirm that an impeding downside move is highly probable. Yesterday we posted a long term view on AUDCHF highlighting the bearish orientation of the pair. From a shorter term perspective signals now appearing on […]
Taking the Long Term View on AUD/CHF
For any financial market the longer time scale always prevails and it is therefore on all occasions a good idea to take a broader view to sail with the wind for increased probability of investment success. On the FOREX market AUD/CHF must be one of the weakest currency pair. The exchange rate is capped by […]
Before / After Analysis – USDZAR – March 2018 and beyond
On 1 March 2018 we published: In which we commented: The South African parliament vote to expropriate white farmers without compensation opens the door to runaway monetary inflation and the demise of the Rand currency. We expect to see the USDZAR correction to have ended here and the ZAR to massively depreciate in the coming […]
Before / After Analysis – Cable (GBPUSD) – January 2018
Beyond identifying technical setups the main issue a trader is facing is that excepted for the rare shear luck situations or due to occasional wit one rarely catches absolute market reversal tops or bottoms. The following scenario for the cable (GBPUSD) published on 17 January 2018 is a perfect demonstration for this case whereas the […]
Turkish Lira ( TRY ): The Pain Ain’t Over
The Turkish Lira is in free fall and the trend does not appear to be ending any time soon with its exchange rate against the world’s major currencies accelerating as exemplified here below. Turkish Lira / Japanese Yen Monthly Exchange Rate Swiss Franc / Turkish Lira Exchange Rate US Dollar / Turkish Lira Monthly Exchange […]
