The ASX has been a safe haven of sort with the Nikkei and Shanghai composite looking weak on trade war concerns. The data from China this morning was supportive with PPI numbers up. This is a monthly chat

From the RBNZ website: "The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020, longer than we projected in our May Statement."

This trend line dating back to April has worked well for trading gold. The last few days the price has bounced off it well creating quick profits for traders.

No reliable news sources yet, so please do your own research, but early rumours of a lawsuit against the company. Early news source:

Triple tops tend to indicate a reversal and an opportunity to sell. Traders need to be cautious of a breakout and and could trade with SLs should a breakout occur.

I wrote last week to look to short the Cable as it was in a downward channel and with little fundamentals helping it, further downside might be expected, it is now moving further into a bear market. With

Three reasons to short the AUD article this morning posted on Bloomberg: Casualty of War Iron Shackles Diverging Rates All great reasons to short AUDUSD.

Gold is in a major bear market and there's a reason. Gold is considered a store of value asset, meaning it's not good to use as money these days but it is good for protecting wealth. The other way to protect

Despite the BoE increasing interest rates last night, the GBPUSD looks trapped in a bearish channel. Ask me about how to look for these channels. Further reading:

If you are interested in learning to trade you would have heard of chart patterns such as head and shoulders, flags or indicators such as Fibonacci retracements. This is the bible of technical analysis

There are two indices on oil, Brent and West Texas Intermediate. I've had great success trading the divergence between the two. When Brent outperforms WTI, buy WTI and sell Brent. I usually wait for at

Yesterday the BoJ statement was dovish while tomorrow the BoE looks set to increase interest rates according to MyFxbook.com. This creates an opportunity to take advantage of central bank divergence. With

USDJPY has been on a bull trend-line since April. The BoJ announcement yesterday wasn't supportive of a stronger Yen. Follow that trend-line with caution.

Despite the recent drop, oil is still is bullish long-term. Buy the dip opportunity: Further reading:

Central bank divergence with BoE looking likely to increase interest rates next month. GBPNZD

Overbought on the RSI. Outside the Bollinger Band on the hourly. Targets 0.7380 & .7355.

From Bloomberg: Investors should short the Aussie versus the yen as increasing global-trade tensions weigh on the nation’s exports, according to CIMB Bank Bhd. The currency is also poised to decline versus

AUDUSD The USD has recovered some of the losses after a week start to the year. The USD index is back above 90 There is an interesting channel formed dating back to January 2016 on the pair, so a long-term

It’s possible to argue that Gold is in a descending triangle with support at $1309.50/oz and a descending series of highs (1364, 1360, 1356). But there are other factors at play than pure technical analysis.

This last week has been one of the most volatile weeks in the market we’ve seen for some time. We’ve seen the biggest weekly decline in stocks since 2016. With fear in the equities markets, investors sought