Forex Books Talking

The oil content in our sunflower meal is 50%. We can prepare a custom content with another percentage, but in this case, the minimum amount for order is 300 tons.

Seldom have we seen so many assets and indicators at decision points simultaneously! We see stocks, gold, and the U.S. dollar trading at extremely

mportant levels, all in conjunction. Note that this is not according to technical analysis, but our intermarket analysis and chart patterns.

First, as indicated in recent analysis, risk indicators in U.S. stocks have turned positive in recent weeks. That suggest a bullish outcome for stocks, almost exactly at their breakout level. We prefer to let the market do its work, and so far we have not seen a breakout. But there are sufficient signs that it is in the making.

the summer of 2014, when the dollar started a huge rally? It created a domino effect in all markets: crude oil crashed with more than 70% (its steepest decline ever),

stock markets went through a flash crash, emerging markets collapsed, … If the dollar manages to hold the 92 level, it would imply a successful test of its secular breakout

We realize that a dollar bull market is not in line with the expectations of many, including ourselves. Let us reiterate, just like we did repeatedly in the past, that we are not hoping for that outcome

We do not believe that ongoing extreme monetary policies will end well, and the sooner a correction in monetary markets takes place, the better. Our job, however,

read the message of markets, regardless our opinion(s). So our analysis is objective, and we simply look for trends and try to derive as much as possible valuable information on the charts.

While all previous charts were interesting and meaningful, the most fascinating chart currently is GOLD. This is an incredible story. The yellow metal moved from the bottom of its descending trend channel to the top in a matter of weeks. That was an extremely powerful move, and we admit in all honesty that we did not see that coming.

However, gold is being stopped currently, and seems not able to rally any further. Gold’s huge resistance area coincides with secular support in the U.S. dollar, resistance in inflation expectations

and critical resistance in U.S. stocks. That is really no coincidence. From an intermarket point of view, this is an extremely important period of time, as the next big moves are brewing, and we can expect a resolution sooner rather than later.

and critical resistance in U.S. stocks. That is really no coincidence. From an intermarket point of view, this is an extremely important period of time, as the next big moves are brewing, and we can exFirst, gold miners, a leading indicator in the precious metals complex, have reached extreme resistance. Note on the next chart how the current resistance level goes back to the 2013 collapse.pect a resolution sooner rather than later.

After the incredible recent run in which gold miners doubled in a matter of weeks, the rally seems extremely overbought currently, and we see a sharp reversal right at the upper boundaries of resistance. This is extremely bearish.

Our second, and more important, indicator in precious metals is the COT report. Readers know meantime that we are focused on the combination of extreme net positions of commercial traders anOur second, and more important, indicator in precious metals is the COT report. Readers know meantime that we are focused on the combination of extreme net positions of commercial traders and the rate of change of their net positions.d the rate of change of their net positions.