Saturday, April 30, 2016

Gold Miners Trend Update

Gold Miners (VanEck Vectors Gold Miners ETF (GDX) and VanEck Vectors Junior Gold Miners ETF (GDXJ)) overbought based on RSI dollar might short term gain against Euro/US Dollar (EURUSD), British Pound/US Dollar (GBPUSD), Japanese Yen (JPYUSD), Swiss Franc/US Dollar (CHFUSD) and Canadian Dollar/US Dollar (CADUSD).

Friday, April 29, 2016

Overall Forex and Gold Miners Trend Update

Canadian Dollar/US Dollar (CADUSD): trend is up (+1)
Swiss Franc/US Dollar (CHFUSD): trend is neutral (0)
Japanese Yen/US Dollar (JPYUSD): trend is up (+1)
British Pound/US Dollar (GBPUSD): trend is up (+1)
Euro/US Dollar (EURUSD): trend is neutral (0)

Gold Miners Signal: Up (60% position)
For VanEck Vectors Gold Miners ETF (GDX) and VanEck Vectors Junior Gold Miners ETF (GDXJ)

Euro/US Dollar Trend Update

Euro/US Dollar (EURUSD) trend is neutral

British Pound/US Dollar Trend Update

British Pound/US Dollar (GBPUSD) trend is up

Japanese Yen/US Dollar Trend Update

Japanese Yen/US Dollar (JPYUSD) trend is up

Swiss Franc/US Dollar Trend Update

Swiss Franc/US Dollar (CHFUSD) trend is neutral

Canadian Dollar/US Dollar Trend Update

Canadian Dollar/US Dollar (CADUSD) trend is up