‘Australian $’ Archive

This is suggesting Emerging markets could slip to much lower prices!

CLICK ON CHART TO ENLARGE The Australian Dollar is often looked at as the “Risk On/Risk Off” currency. Back in 2008 the AU$ formed a bearish rising wedge which suggests a two-thirds chance of lower prices.  Once the breakdown took place risk assets around the world tanked (stocks & commodities)! I shared with Premium Members [...]

Another important currency about to “Bite the Dust?”

CLICK ON CHART TO ENLARGE The Japanese Yen (left chart above) created a multi-year flag pennant pattern, reflected by a series of higher lows and lower highs.  Once traders broke the bottom of the pennant, sellers rushed in, creating one of the largest currency declines we have witnessed in years. Over the past few years [...]

These leading indicators are suggesting I do what with my risk assets?

CLICK ON CHART TO ENLARGE From a portfolio construction standpoint, when the yield on the 10-year note and Australian Dollar decline in price, history has suggested to underweight allocations towards risk assets.  Check out the price situation for both of these right now at (1) in the above chart. Why is this support point so [...]