The Aussie's Divergence from GOLD

The Aussie usually trades in line with the price of GOLD gaining more correspondance contrary to the Dollar. The AUDUSD recently diverged from the price of spot GOLD which gives me the notion that this pair will soon correct itself if GOLD continues to appreciate. We have key support around .6980 with a 3 year low at .6900. We could see more appreciation around the new "Year" if Gold continues to rise above the price of the Dollar.

Let's see how the Dice Roll...

The Yen as the Safe Haven (12.20.18)

After the BOJ Decision, markets seem to gravitate towards the YEN and GOLD as safe Havens to counter FED Rate Hikes and market uncertainty. Ironically, the YEN has been the "GOTO" pair versus U.S Equities since Aug 2013.




Let's see how long this Divergence in indexes will play out...

The Dollar (DXY) and Spot Gold (GC) Hit Key Pivot Points

The dolllar (DXY) and spot Gold (GC) are trading a key pivot levels amid market volatility and uncertainty. I will be observant around these levels as markets intend to slow down for U.S Holidays. Major movements around these levels could set a trend leading into the next year.




Let's see how the Dice Rolls...

GBPUSD 12.9.18

Perfect Setup.. Less words more execution is what you expect from this Blog..

EURUSD 12.6.18

#EURUSD seems to be struggling at 1.1400 price levels. I'm still cautious of $DXY volatility around this time especially after U.S Equity reopening today from yesterday's shutdown. We could see a Friday sell off if the Dollar Gains Strength.

Let's see how the dice roll.