Ratio of Yen vs. AUD Breaking 23-Year Support That’s Been in Place Since the Nikkei’s All-Time 1989 Highs
In the chart below the ratio of the Yen vs. AUD is breaking 23-year support at the inset. This support has been in place since early 1990 immediately succeeding the Nikkei’s all-time highs in December 1989. So, one has to…
Thoughts on NZD
In the chart below the NZD and gold have tended to trade in a highly correlated manner for the past few years. More often than not, NZD has acted as a leading indicator for gold, moving north/south before gold does…...
Emergence of Solid Analog Framework from Which to Assess the Nikkei’s Amazing Run
We’ve spent the better portion of the past few weeks focused almost entirely on the Nikkei in an attempt to better understand what’s going on with its current price action in the context of similarly positive episodes throughout the Dow’s…...