Yen is sneaking above the SMA 50 to a new short-term high above the July high. Yen and gold had spent much of the last
So I am not going to pretend I’ve got all the answers on a day like this. My broad market longs are very mixed, my
Sure, we know the US is flying around up there in blue sky. And we know that the US “man in the middle” is also
The Nikkei has a erected a Tokyo Tower rivaling the Dow’s Trump Tower in the US. Indeed, for a while now NFTRH has been tracking
In not making a higher high before turning down below the daily SMAs 50 and 200 the Japanese Yen has painted itself vulnerable, at best.
Just asking because this chart of UUP… …looks somewhat similar to this chart of the Yen (before it formed its right shoulder)… …which we used
Not being a casino patron I don’t go to casinos and I don’t often look at or care about Forex. But USD/JPY is special, because
Hey, did you know that the Yen has been bearish? Did you know that on October 10, when the Yen was just breaking down we
The Euro is just a basket case right now. Daily chart… But I am not interested in the Euro so much as I am in
We’ve been noting a deterioration in the Yen’s technical status lately, which would help Japanese exports and its stock market in general. Here is the
We looked at the precious metals miner ETFs on Tuesday and the status there has not changed. They are still below the EMA 12 &
Gold bugs especially should be watching Yen and USD. The trend is against Uncle Buck and with the Yen and if that holds up we
The Yen index has dropped below the 50 day averages for the first time since January, but has not made a lower low. So it
Below is the first segment of this week’s edition of Notes From the Rabbit Hole, NFTRH 393: The Fed has been trying to promote inflation.