Steam Train

Is the Dollar Picking Up Steam? Plus What’s Happening in Precious Metals

Based on a better than expected US jobs report on Friday, the dollar and stock market rocketed higher. That’s interesting, because “the market” has anticipated the FOMC will lower US rates in their upcoming meeting in late July – perhaps by 50 basis points. However, based on the gathering strength in…
New Project (11)

Gold and Silver Going Up? The Dollar Could Be Turning

Central banks around the world are competing in a “race to the bottom” to lower interest rates in anticipation of slowing global growth. That’s why European (ECB) and Australian monetary authorities indicated their openness to additional Quantitative Easing and lowering interest rates in their respective countries last week. No one wants to…
Loving Couple Resting In Asia. A Young Couple Travels To Exotic

Monthly Chart Extravaganza: Balancing FOMO with Seasonal Inertia

I hope you had a happy Fathers Day this past weekend and you and your family enjoyed Dad’s special day. Now for what the markets are suggesting right now … From my price analyses, there appears to be all kinds of great trades available that should work out over the…
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Watch These Historic Market Inflection Points in the Dollar, Yen and Gold

Today’s report examines the historic inflection points at which several key markets are resting right now. Which way these markets move could have major implications for the weeks, months and even years ahead. The more we understand about what could happen, the better prepared we’ll be. Let’s start with the…
New Project (8)

A Gathering Storm is Gaining Momentum in Multiple Asset Classes

In last week’s article, I went out on a limb and predicted a gathering storm for “risk-on” investors. So what’s risk-on? A risk-on environment is where investors use their capital to purchase stocks and other high-yielding instruments. Investors are willing to take on more risk because they feel the risk is less…
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Bear Traps Galore: Is a Multi-Asset Crash on the Way?

The past trading week has revealed some ominous developments in multiple markets and asset classes. Are we headed for a widespread crash? Let’s take a look at the action, starting with the U.S. Dollar Index (USDI). In last week’s trading, USDI briefly broke out above multi-year highs before reversing and…
New Project

1,132 Pips and Why We’re Taking (Some) FX Profits

Here at the Pattern Trader, we’ve been enjoying some very profitable forex (FX) trades despite the rather slow pace of the markets overall. For example, I’ve been observing that the U.S. Dollar Index (USDI) has been trapped within a very narrow trading band for the last several months. And last week’s…

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