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Matt Simpson

  • Analysis & Opinion

Matt Simpson's Comment & Analysis
A complete archive of Matt Simpson's articles, including current analysis & opinion - Page 4

Will Gold's 2016 Trendline Hold?
By Matt Simpson - May 22, 2018
We argued that the 200-day average prove pivotal for gold and, while that hurdle is now cleared, one more stands in its way of further declines.After bobbing along the 200-day average for a short...
Despite Friday’s wobble, the trend remains predominantly bullish and it could make a run for the 2017 and 2018 highs. But currently amid its second best weekly run on record, it’s possible...
EUR/CAD is the latest cross to hesitate at a technical juncture, where it’s to choose between maintaining a bearish channel or respect its 200-day average.For the past few weeks EUR/CAD has...
WTI Hesitates At $70, Iran Deal Now In Focus
By Matt Simpson - May 08, 2018
Oil is back in the spotlight after breaking above $70 a barrel and reaching a 3.5-year high. But with geopolitical risks lurking in the background, can it stay there? The weekly chart has continued to...
Next Moves In Gold Will Be Pivotal
By Matt Simpson - May 04, 2018
Overall, gold has been grinding higher since the 1046.33 low but since breaking back above $1,300 in December, the shiny yellow metal has remained rangebound between 1300-1365. This year we have seen...
Most would agree that 2018 has not had the best start. In fact, by some metrics, it’s one of the worst starts of a year. But as volatility has subsided on the S&P500 while it coils between...
CAD Stands Firm Ahead Of BoC Meeting
By Matt Simpson - Apr 18, 2018
The Canadian dollar is the top performer this month ahead of today’s Bank of Canada meeting. And although no hike is expected today, CAD could either extend gains or find itself victim to...
USD/CAD Bears Pause For Breath Below Resistance
By Matt Simpson - Apr 16, 2018
In a previous post, we highlighted the tendency for USD/CAD to trade lower throughout April using a 10-year seasonal chart. Just over half way through the month and already 2.2% lower, it appears on...
USD/CAD: Sell In April And Go Away?
By Matt Simpson - Apr 04, 2018
If price action yesterday is anything to go by, USD/CAD is in for a bad week. And if seasonal patterns are anything to go by, it could be in for a rough few months, too. As our U.S. analyst Matt...
NZD/CAD Approaches Technical Juncture
By Matt Simpson - Apr 03, 2018
Since the beginning of December, NZD/CAD has formed a steady uptrend. And with prices compressing above an established trendline, we see potential for the rally to resume. The price structure on the...