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Recent blog posts

Posted by on in Commodity Chart Updates

Another bounce effort, but only after a failure back from ahead of 1183 (from 1178) to push down through the 1168/67 area for a still negative bias Wednesday.

Although still within the broader range, we see risk this week of a bear shift below 1162.

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Posted by on in FX Chart Updates

A bear gap Monday (closed up to 123.19/20), but a push below 122.44/43 leaves a more negative tone for neutral range theme for July below 121.53.

Whilst above 121.53, however, , we still see an underlying bull tone from the May breakout above the 2002 peak at 125.81.

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Tagged in: Forex FX JPY USDJPY Yen
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Posted by on in FX Chart Updates

A bear gap Monday (currently 1.1042-1.1129) through 1.1048 to signal a shift to a broader range environment.

This also signal a very indecisive tone into Monday.

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Tagged in: EUR Euro EURUSD Forex FX
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Posted by on in FX Chart Updates

Another rebound stall ahead of .6930 resistance to maintain negative pressures.

The previous push through key long term support at .6870 reinforced a bearish bias for late June and into July after the RBNZ June rate cut bear gap (7081-.7200 on our charts) .

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Tagged in: Forex FX NZD NZDUSD USD
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