Currencies

3 ETFs For Trading Japanese Equities Amid Yen Weakness

There have been a couple of developments in the Japanese markets that traders are (or should be) monitoring. In the equity markets, there is a bullish consolidation pattern developing that active investors with an intermediate-term horizon may benefit from. Yet, at the same time, Japanese equities investors will need to keep an eye on…

Are Gold Prices Taking Cues From The Swiss Franc?

Three years ago yesterday, I shared a chart highlighting why Gold may underperform for years to come. The chart looked at the correlation between the Swiss Franc and Gold and how both were tagging ascending long-term resistance at the same time. The chart is shown again for your reference below….

Will September’s ECB Meeting Spark a Euro Rally?

The upcoming ECB policy meeting is arguably the most anticipated since last December’s FOMC where it was widely expected the Fed would begin tapering QE. This time around – amidst persistent signs of deflation and fresh off President Mario Draghi’s comment that “the risks of ‘doing too little’ outweigh the…

ETFs To Consider If Federal Reserve Policy Tightens

The most recent Fed statement indicated the reserve bank is still on schedule to reduce its monthly bond purchases by this coming fall and speculation is now rising about when the first rate hike will come into play. The majority of economists and market watchers anticipate that a rate hike…

The US Dollar Index Is Nearing A Major Resistance Level

Today I’d like to break down some key Fibonacci levels on the US Dollar Index. Let’s start with a longer-term view of the US Dollar. Measuring the move from the September 2013 high to the May 2014 low creates resistance levels of 81.028 and 81.499. As noted on the chart,…

Short-term Forex Forecasts And Analysis

Good morning traders.  We finally got a little bit of action overnight – some of the action was discussed on my site yesterday.  Below are my latest updates and forex forecasts. Note:  the Short-Term Forex Forecasts highlight price direction and likely price targets/stops over the next several hours. So this is…

10 Reasons Investor Confusion Reigns Supreme In 2014

Considering the way the markets behaved during the first half of the year, it should come as no surprise that there are high levels of investor confusion surrounding the near-term direction (and theme) of the markets. On a day-to-day basis, investor sentiment ranges from a head scratch to a high five to you gotta…

Breakdown: Why EUR/USD Volatility Is Ready to Resume

Single-day paroxysms brought about by geopolitical unrest and local black swan events aside, stocks continue to calmly shuffle through a dream-like state of imploded volatility as the “bubble in certainty” persists.  While many active investors are focused primary on equities, however, it’s important to recall this condition of zombie volatility…