Is the endgame going to be hyperinflation or deflation? Hyperinflationists took gold to new highs with the onset of super easy money starting with 2003 and broke all time records just shy of 2000 with QE1 and QE2. Despite the speed with which M1 is being created in US, China, Japan, EU and UK (through various QE), monetary velocity is still decreasing in the...
Copper (11.9.2014) traded as per our last report & after finishing the levels , fall back very quickly. Now copper is trading around $3.0693 & as we can see on charts, its reaching to the lower tradeline current descending channel. However the momentum is very strong & it may break the channel , still few more indicators providing best opportunity for a shot...
From my earlier published chart of CADCHF was suggesting commodity currencies are exhibiting weakness. NZDJPY could be another example and an excellent configuration for hunting a short trade which as potential to drop back to 70 zone in due course if not lower. Also that this is a weekly chart so it getting a good entry and suitable position size would be very...
Crude Oil is still on its way to go down to 100.40 -101.00 .If that touches and bounces off there we could see the price to move to $108.00 or even higher within couple of months or even sooner. Every single run up within the ascending triangle has it's own retracement bounce off lvl. The 1st big rally started in the beginning of the January 2014 and ended...
Sort of Symmetrical Triangle formation but more Ascending Triangle rather than Symmetrical can be seen on Crude Oil Daily chart. Anyway, I really like price movements within any kind of triangles until it gets really tight and hot, and when it gets broken it's another opportunity where we want to be placing our orders, right? My prediction is a short term...