USDCHF Faces Short Term Support

USDCHF faces short term support around .9770 leading to the close of this weekly session. We could see a bounce to .9825 levels, but a breakout below this level of support could lead to further depreciation around .9700 levels.

Let's see how the dice rolls..

Bitcoin Futures Headed Toward a New Low

Bitcoin Futures haven't seen a New High since insertion. We may be headed towards a Lower Low...

Cleveland Cliff's Inc

$CLF is a mining company that moves in line with the price of Silver. You can literally play Silver's trading range with this stock... 

USDCHF Approaches Key Levels of Resistance

With recnt Dollar strength and Weakness in the Swiss Franc, the USDCHF has been on a 4-Month Bullish Rally. A break out or break down at 1.0120 levels will confirm whether this rally will continue for another streak.

Let's see how the dice roll..

Twitter's User Activity has been Steaming...

Despite the recent outlash and rants, Twitter ($TWTR) has received an increase in user activity and traffic (human capital). I expect revenue from marketing for this company to exceed expectations next quarter as tensions heat up.


Technically, look for the pull back to $30.20 with $29.60ish behind a key area of support. A breakout above $31.15 will confirm Yearly highs will be tested.


Let's see how the dice roll...

Silver Could Break it's 15-Month Range

The inter-Korean Summit Friday has seen to be one of the biggest moves in the ASIAN Territory in decades. With current trade wars with China and the U.S, this move from North Korea is essential for China's stance in this region as U.S/ South Korean trade negotiations are still pending. Charts below will show the significance of China's presence in this area and how the U.S trading presence is scarce and diminishing.


North Korea's Trading Partners

South Korea's Trading Partners

Silver is mined 80% for industrial purposes and is the most conducive metal used in electronics. South Korea's production of electronics with emphasis on Televisions and Cellular/Telephones indicates is its demand for the commodity for exporting its key products. A strong connection with North Korea will only increase the Korean Peninsula's reliance on China. China increased presence in this area will only bolster trade and its position in the "Maritime Disputes" within the region.

Technically, Silver has been bouncing in the $21.00 and $14.50 Range for 5 Years.

Only recently has it been consolidating between $18.50 and $15.50 giving $15.50 a good buy range for all corresponding FUTURES, Equities, and ETFs. Since Silver is mined from Iron Ore, I expect one the worlds biggest Iron Ore producers (AUSTRALIA) to step on the scene as the demand increases.

Until then, this was a strategic move for China giving the U.S limited options to maneuver and be a diplomatic strength in this region.


Let's see How the Markets react.

AUDUSD Extends Losses

AUDUSD extends losses against a stronger dollar. We could see further depreciation into .7420 levels as this month concludes..