Monthly Archives: November 2017

NZDUSD is set for further downside as decline continues

NZDUSD appears to be carving out a lower top after reversing back down from the November 28 high of 0.6945. The recent corrective move from 0.6780 stalled and downside momentum gained speed, turning the focus back to the downside. Looking at the 4-hour chart, RSI is now in bearish territory below…

Using Gold to See Where the Dollar Will Move Next

I¬íve written a lot about how the US dollar is the fulcrum of the global financial system. Commodities are priced in dollars. Global trade is done in dollars. And the majority of international funding is in USD. The dollar is important. Dollar trends impact markets and assets around the world i…

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