Day: October 29, 2020

In the US election countdown piece, we look at the tendency for elections in a time of turmoil to raise voter engagement among younger voters, and why their higher turnout at the polls is likely to strongly favour Democrats this time around. It is safe to say that 2020 is...

Technical analysis shows that there is space for the US yield curve to flatten amid the US election. However, in the long-term, only a steepening is possible with the 30-year Treasury yields leading the way. The Fed will need to decide soon whether expanding its bond purchasing programme over long-term...

Yesterday's moves across equities and bonds were another stark reminder that bonds can no longer help offset larger declines in equities. Only long volatility components make sense as long as yields are low.Much has been written already about the death of the 60/40 portfolio and we have also talked about...

The wider market turbulence boosted the USD and especially the JPY as USDJPY eyes the big 104.00 level this morning and many other JPY crosses have broken down. Is this a positioning clear-out of a nervous market unable to sustain a position ahead of the big US election unknowns? Hard...

The Tidal Shift Strategy has just sold EURJPY at 122.41. The system recommends entering this trade at any price between 122.22 and 122.6. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.318, which suggests that...

Price is testing resistance where we could see a potential reversal.

Price is testing resistance where we could see a potential reversal.

Price is facing bearish pressure where we could see a further drop below this level.

Price is facing bearish pressure where we could see a further drop below this level.

EURUSD is testing downside confirmation where the key support is, potential further downside !