Some (rumors) claims that Palladium is the next thing to rally (Silver was already starting a rally of sort)... Just like copper, platinum, & silver; palladium is also an industrial metal whose price would be affected by the supply & demand... I would be a buyer...
It seems to be going up... (I should expect it to clear the 2.4000 level without much hassle)... However, if the USD should start strengthening once again..., then I would not be sure if that would start to suppress the prices of these commodities/industrial metals once again...
It has already broke-down (through all the supports)... Same thing happened as in EURZAR, USDZAR, & very soon (the same thing is expected to happen) to the JPYZAR as well... I'm also taking a close look at commodity prices in general, & they all seems to be on a strong rally-upwards at the moment...: I guess that would be greatly strengthening the...
Quite a strong up-rally seen; it should push up higher & clear the 114.0000 resistance level without much problems I would think... Commodities (in general) have been starting to be on a very-strong up-rally ever-since lately...
Can be a good buy with further upsides...
It looks like we are presently in a interesting point of time (to be able to make some potential great profits)... Also bear in mind that this US Dollar Index will be affecting/determining all USD related pairs... Green arrow; means that it will break-out into a potential steep drop... (The USD is going to give back the up-rally it has gained from/since year...
Time to say goodbye to the highs... It has already long happened to the EURZAR, USDZAR, & the CHFZAR pairs; so I'm expecting JPYZAR to follow suit (soon?)... Just that the JPY currency was so strong (& kept strengthening); which is most likely the reason why the JPYZAR is currently still lingering at this high-point, while the others have already left it ever...
The market always surprises & can always do the most unexpected thing... S&P 500 could end up much higher-up than anybody would ever expect (who knows)... Just a speculation...
The weak versus the weaker {perhaps}... This is GBPUSD pair {inversion} Looking at it from USDGBP point of view...
This is for NZDUSD; looking at it from USDNZD perspective. This pair has already "broke-out" it seems... NZDUSD - LONG
AUDUSD (looking at the pair from another point of view; from USDAUD perspective): Is it's new trend all in...? AUDUSD (LONG)
It can be a very steep fall from here (you would never know)... BTW, this is actually EURUSD (LONG)