Bonds had a nice bounce higher today continuing an upswing that began after yesterday afternoons Fed rate hike. A slightly lower start provided an entry without having to reach much for any bulls out there. A higher stock market open especially for the Naz was a little intimidating but other indexes were reluctant to follow and a sharp break …

March Canadian Dollar      I spent some time breaking down the structural evidence of our neighbor to the north’s currency market. I always favor to process information in a top down analytical style. It’s quite a process seeing that one needs to start in the longer-term time frames and work forward into the smaller. It appears to me that …

Bonds have a nice bounce higher this afternoon after the Fed raised rates as expected by everyone . The dovish tone to the post meeting release was the key to bringing in buying driving the market up and re-triggering the flattening yield curve  trend. The Open market Committee’s growth forecast was increased but very importantly their inflation expectations stayed the …

March Japanese Yen         So far the Holiday season has been extremely dreary for Japanese Yen longs. The high of .90730 on November 27th has given up more than 60% measured from the months early lows. The daily candle formation appears to be that of an inverted hanging man which has bullish implications. To trigger the setup …