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Gold’s Big Breakdown Hints at a Major Top, Could Expose 1200 in Time

April 16, 2019 6:04 PM
As any gold bug would tell you, last year’s fourth quarter was a strong one, with the yellow metal gaining nearly 8% from October through New Year’s Day. The good times carried over into mid-February, when gold peaked near $1350, but the price action over the last two months suggests that a major top may have formed.

GBP/USD Unimpressed by Brexit “Flextension”

April 5, 2019 5:43 PM
The Brexit merry-go-round continues to turn, with today’s news highlighted by the potential for a “flextension” to Brexit negotiations...

NZD/JPY: Signs the Big Bearish Trend is Reversing?

October 30, 2018 7:30 PM
Yesterday, we highlighted the upcoming BOJ meeting and its possible impact on GBP/JPY (see “Will the BOJ Bring a Trick or a Treat for GBP/JPY?”), but NZD/JPY is also at an interesting technical juncture.