Matt Simpson's Comment & Analysis
A complete archive of Matt Simpson's articles, including current analysis & opinion - Page 2
Gold bears closed out of gold by a record amount last week. We’re now watching closely for a follow-through on price.At the beginning of this month we’d highlighted extreme short...
Hawkish FOMC minutes, a stronger greenback and higher inventories were enough to push WTI crude back below $70 Wednesday. Momentum suggests the move isn’t over just yet.By yesterday’s...
It’s safe to say it’s been a volatile week for markets and a bad one for stocks. But, with the rout showing early signs of abating, we’d like to finish the week focusing on a market...
Gold has spent the best part of the year under heavy selling pressure, but several clues point towards its potential to break this trend.
We can see on the weekly chart that bears have had a field day...
An increasingly bullish structure and break to a 4-year high puts $80 within easy reach. Yet, the cluster of resistance around this level and the fact that large speculators appear less eager to wade...
You'd think someone had lit a match underneath the Canadian dollar following its explosive moves from Friday's GDP. So, following today’s news of a renewed NAFTA deal we take a look at the daily...
After rallying nearly 4% since the 83.76 low it’s just the May high that stands in its way to clearer skies. And while the daily trend structure has appeared erratic in recent times, we see a...
Here’s a quick follow-up on our previous analysis of GBP/CAD after a second bearish pattern has formed below key resistance.
On Sept. 13, we outlined GBP/CAD’s potential for a large drop,...
On Aug. 30 we warned of a potential bullish reversal for GBP/CAD. Having since confirmed the double bottom and moved higher, our focus reverts to its longer-term bearish trend.We can see on the daily...
Since our prior analysis the index has broken to new highs. Given its tidy retracement towards key support, those new highs may just be short lived. Just coming off from its highs, the trend remains...