Kemsdale

Kemsdale

Nikkei 225 has been one of the hottest markets this year. Couple of reasons - Japan ultra low monetary policy in the face of rising inflation. Its similar to Fed policy before they started to raise rates. Banks are used to negative rates so we will not see a similar increase to US but a gradual one. When is for the BOJ to decide but first they need to get rid of...

Kemsdale Updated 

Gold has been on a tear recently. If gold breaks above and finishes above 2k next week, we should see GDX break the neckline at 30. Target should be around 34 but there is heavy resistance at around 32.20 so that should be a nice area to take some chips off the table

Kemsdale Updated 

Nvidia has been the poster boy of AI and if it convincingly breaks down the neckline next week, things are starting to look dire for equity investors. Earning on 21st Nov makes it tricky to be full on short with breakout of neckline. Gap to 320 must be appealing for the bears.

Kemsdale Updated 

GBPCHF broke out 1.105 on Friday. It has been stuck in a range for almost a year now. In the current environment, CHF is the best safe haven play. Technically, 105.50 would be the target but 106.50 seems more prudent.

Kemsdale Updated 

Tesla seems to have failed to break H&S. Chart is looking bearish. 200 Weekly EMA test on the cards. *Not Investment Advice*

Kemsdale

After the prolific run last year, Nat Gas has struggled but now it has broken out of $3 barrier and currently testing previous resistance. Seasonals are good here with up to mid of November, suggesting higher prices. Any unwelcomed activity in Strait of Hormuz can really send Nat Gas flying.

Kemsdale

Weekly chart of DXY. Rectangle break out and retest at 105.60. Immediate target at 110. Geopolitical risk and pick up in inflation should favour DXY longs.