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 […]
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 […]
The Euro ( EUR ) Should Weaken Against The US Dollar ( USD ) Until The...
CADCHF Is As Weak As It Can Get
AUDCHF Is A Compelling Short From A Long Term Perspective
The EUR/AUD Forex Pair Flashes a Rare Bull Signal
Autocratic Vote from the South-African Parliament Opens the Door to Ru...
EURAUD Broke Out Above 9-Year Resistance with Massive Upside to 1.8
Turkish Lira – massively oversold against the US Dollar
The $USDTRY pair appears to be extremely overbought on longer time frames, which in other terms means that the Turkish Lira is massively oversold against the Greenback. On the six-month time frame this overbought condition is accompanied by a shooting star candle, which is a strong indication that the uptrend should stall (for the least) […]