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Bolstered by a rally in commodities, improved manufacturing data and employment levels in Australia, the economy is doing very well. In fact, it has been the best performing economy among developed nations outside Europe. However, the appreciating AUD is undermining this strong economic performance, dragging the country down and hampering growth. It is in the...

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I speculated that the RBA would cut rates at the meeting in the beginning of May and went short with a profit target of 73. This has almost been met, providing us with a buy opportunity at the very strong level of structure , indicated by the horizontal black line. Could buy now or at 73.

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This cypher pattern on the DAX could form in the next week or two. Trade set up indicated by the boxes on the right (enter at boundary between green and red, SL at top of red and TP and bottom of green).

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Could buy the DAX with the hope that it will rebound back off this support line. Be wary of the fact that it could easily break below this support, so keep a tight stop loss or maybe even plan to short instead of buying now.

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Bearish fundamentals on copper may make a short down to the support line a good trade...

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Many good hit points on this rising wedge, with the 8th hit meeting a strong level of resistance at about 1.145. I would short with the hope that this wedge breaks to the downside with a profit target at the lower support level at about 1.048.

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Very well-formed descending triangle, which is typically a bearish signal. 6 hit points, with the hit points converging towards the apex of the triangle. Depending on how you trade this, you could look to go long now and ride a potential furthering of the triangle, closing out at the resistance and then shorting a break to the downside. Alternatively, you could...

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Just about hitting a support level on the symmetric triangle. Fundamentally, the global markets are going through a rough time this week, which could drive demand for haven assets such as 10Y treasuries, driving the price up to hit the resistance level of this triangle. I think that we will see a short-term move up to the resistance. Look for breaks on both...

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A number of trade possibilities on this symmetric triangle. I personally would be bearish USD fundamentally, so look for downside breaks to trigger an extended move down. Breaks to the upside will also provide excellent opportunities for a short-term trade.

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Nice area of support and resistance providing positions of entry. Could go long now with a profit target at the resistance line in the tramline. My target would be 10310...

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Very strong bullish divergence on the RSI for this chart. If you like the coupled fundamentals or have more technicals to support this, then it is a definite buy!

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This is a classic bullish signal. Although some disagree with this due to the fact that moving averages follow prices, rather than the other way round... Research shows that on average, after a golden cross occurs the S&P500 has gained >11% 12 months after. I think that if this does come to fruition, we will still see some downside as a correction to the current rally.

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My opinion on gold is 1. It would make a good buy position now, and 2. it makes a good hedge for a portfolio. The reason I think it has upside potential is due to the dwindling investor sentiment in central banks' ability to drive inflation through monetary policy. For this reason, I think that the coming few quarters will see investors buying into gold as both...

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Fundamentals Japanese governor Haruhiko Kuroda has been on a mission to boost the Japanese economy from deflation, and was doing really well until 2014, when oil began to slump, which dragged on the growth of the Japanese economy. Inflation has since sunk to near 0%. Kuroda began introducing heavy stimulus measures to weaken the currency and boost inflation to...

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Fundamentals Japanese governor Haruhiko Kuroda has been on a mission to boost the Japanese economy from deflation, and was doing really well until 2014, when oil began to slump, which dragged on the growth of the Japanese economy. Inflation has since sunk to near 0%. Kuroda began introducing heavy stimulus measures to weaken the currency and boost inflation to...

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Following the recent oil rally, the Russian equity index has also rallied about 30%. However, this - like the oil rally and the Petrobras rally I posted about - is unsustainable. See my post attached here for why the oil rally is unsustainable. Why is RTS unsustainable? Firstly, it is likely to follow oil's possible move down. Secondly, Russia is still in...

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Fundamentals Petrobras has seen an 80% rally through March, which is unsustainable. The reason for this is because the rally is based on the possible [ impeachment of president Dilma Rousseff, whose policies adversely affected the Brazilian oil market. While this is good news for the Brazilian oil company, the fundamentals of the company simply do not fit with...

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Crude oil's rally in recent months has no solid footing. It's been based on two things: people thinking oil hit a bottom, and people getting excited about the OPEC meeting on a production freeze. Only one of these makes any sense, and the fundamentals in the oil industry are still very poor. 1. The OPEC meeting is unlikely to see a production freeze, lets face...