After more than a decade of basing, the SGD/USD is finally punching through a key breakout level—the 61.8% retracement of its 2011–2020 decline.
This isn’t just another FX pair catching a bid. Singapore is one of the most critical currencies in global trade. The city-state controls the Strait of Malacca—a vital artery for global shipping.
When the Singapore Dollar is strong, it's usually saying something about global trade flows, risk appetite, and Asia's relative strength on a global stage.
Singapore, plainly put, is the financial hub of Southeast Asia.
So it makes sense to see it break out as we continue to see rotation into EM, and Asia in particular– as well as weakness in the US Dollar.
Zooming out, this is a textbook rounding bottom. The long base. The range-bound price action. The upside resolution. This is classic trend reversal stuff.
And it’s not just the currency flashing a regime change.
We’ve been pounding the table on the rotation taking place across Asian equity markets. Vietnam, Taiwan, Thailand, China—you name it.
The message is clear: the tide is turning and participation is broadening across Asia.
It’s no longer just Japan. Everything else is starting to work.
One of the key forces driving this rotation is a weak US Dollar. When the dollar stumbles, emerging market currencies catch a bid—and local equities tend to follow.
Here’s the latest in the mix, the Korean Won:
Like many Asian currencies, the Won spent over two years grinding lower in a steady downtrend. Earlier this year, it undercut key support. But instead of breaking down, it snapped back violently.
It’s forex trader lingo for the Norwegian Krone/Swedish Krona… and right now this obscure cross is setting up for a classic failed breakdown.
After undercutting key support in early May, it’s snapping back toward this level now. And with each passing day, it’s looking more and more like a bear trap.
We’re not just writing about this unheard-of FX pair to amuse you. Believe it or not, the currency pair carries valuable insights.
It’s one of our most trusted intermarket energy whisperers.
So it's no surprise the scoop-n-score setup in the NOK/SEK looks almost identical to the one in Crude Oil Futures:
Crude is working on its own bear trap — carving out a tactical reversal pattern just below a shelf of former support.
Gold quietly builds momentum, breaks out to new highs, and suddenly the whole world starts paying attention.
Then Silver wakes up violently.
And the miners? They go vertical.
This playbook isn’t new. It’s just unfolding again.
Right now, Gold is trading at all-time highs, Silver is coiling under decade-long resistance, and Silver miners are showing early signs of a major trend reversal relative to the underlying commodity.
The stage is set, and the next act could be explosive.
The nuclear energy trade just got a massive jolt of energy.
Last Friday, Uranium stocks exploded higher after President Donald Trump signed executive orders to revitalize U.S. nuclear energy production.
The result? The VanEck Uranium & Nuclear Energy ETF $NLR had its best single-day performance since 2008.
But this move isn’t just about headlines. It's also about the strong fundamentals and technicals behind it.
The AI revolution is massively increasing global power demand, and everyone is turning to nuclear energy to scale their operations.
Top tech firms know this, and they’re investing heavily in small modular reactors (SMRs) and advanced nuclear infrastructure to power their data centers and server farms.
Meanwhile, geopolitical instability and the global push for energy security have made Uranium and nuclear development mission-critical for many countries.
That’s the story, and the market’s listening.
Here's the technical setup 👇
The VanEck Uranium & Nuclear Energy ETF holds the best names in the space, from heavyweights like Cameco $CCJ (~7%) and Constellation Energy $CEG (~8.7%) to fast-growing...
During our time in New Orleans at the Portfolio Accelerator event, I brought the Israeli Shekel to the table—and it sparked a really interesting discussion.
We were diving into global risk indicators, and I was showing how the Shekel is an excellent tell for speculative growth stocks and the “ARKKy” trade.
That’s because Israel’s economy isn’t built on commodities or manufacturing like so many others—it’s built on software, cybersecurity, and innovation.
It’s one of the top technology countries overseas.
So when the Shekel starts breaking out, it’s not just a local FX story—it’s the market telling us there is demand for some of the most risk-on corners of the stock market.
And right now? The Shekel is on the verge of a major breakout. It’s literally happening as I write this.
This isn’t some quirky currency coincidence. Currencies are always whispering—sometimes shouting—about...
We love it when sentiment for an asset is down in the dumps like it is now!
While Gold and Silver have stolen all the attention lately, Platinum’s been quietly coiling just below the surface, building pressure for what could be its biggest move in decades.
We’re not just seeing a bullish chart setup...
We’re seeing a perfect storm of technicals, fundamentals, and sentiment pointing in the same direction.
The last time Platinum looked like this, it rallied nearly 500% in nine years.