wickmclean

wickmclean

Even the best case for gold states that a period of commodity deflation will have to come first before debt reflation. I believe in gold but I am not buying until the next asset bubble burst. Am eager to discuss the possibility that commodity deflation has already happened or that there will never be a asset implosion.

wickmclean

AUDUSD has found a stiff descending trendline (gray line) in overvalued territory. Safely ride this wave down.

wickmclean

There are many competing theories which claim the dollar is crashing or going to crash in value. Ray Dalio, for example, has stated that this is the end of the American Empire and that all currencies fall at the end of the natural life of empires and now it's simply the USDs turn. Countless other pundits point out that the fed and the treasury are creating...

wickmclean

If USD price crosses 144 EMA close (green), expect a sharp rally. USDJPY is bouncing off near its 4 month resistance (pink), and USD continues to strengthen.

wickmclean

Plan for the EURUSD to easily break covid era record (and probably 1.15) with USA core #CPI and fed funds rates announcements tomorrow.

wickmclean

Euro is still a COVID-era flight to safety compared to GBP (for now). Great time to long EURGBP but it has a resistance ceiling so plan ahead.

wickmclean

Asia is in a time of uncertainty, even with lower infection rates than the US. USD currency reserve status trumps JPY Asia currency reserve status at this critical point.

wickmclean

Dollar wins here, not enough interest in Yen right now. No need for JPY in covid economy. This will change sharply when industry restarts one day but not today.

wickmclean

Strong upward trend with reduced COVID19 fears.

wickmclean

USD/xxx is overbought, as an observer can see in just about every 3 month pair chart. With GBPUSD, pink trendlines form a bull pennant that has nowhere to go but up.

wickmclean

COVID might not be a big deal for the summer; if investors feel safe they will exit from the overbought dollar into the EURO.

wickmclean

This pair is trading within an extremely narrow band. Any ideas if something will make it breakout? Besides the global economic apocalypse?

wickmclean

Pennant with MACD and momentum indicators suggest continued upward trend.

wickmclean

MACD just flipped positive, this pennant is stronger than the '77 Yankees. Go long.