You Es Dee

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To my eyes, one of the cleanest and most exciting patterns out there is the US dollar compared to the Japanese Yen (USD/JPY), which seems poised for much lower values.

slopechart USD JPY

If you take a step way, way back, and look at the long-term trends, I think you’ll be prone to agree with me that USD/JPY is teetering on a precipice.

slopechart USD JPY

Just about any style or granularity of moving averages tells the same story.

slopechart USD JPY
slopechart USD JPY
slopechart USD JPY

Of course, you know me well enough to know where this leads me – – a certain fondness for a certain yellow metal.

slopechart GC