One month of weak payrolls does not a weak trend make, but the US April payrolls change release was a horrific miss relative to expectations and offers USD bears about as much support as they could expect, with the very important caveat that the kneejerk reaction to the data is...

The "everything rally" in commodities continues to gather steam with the Bloomberg Commodity Spot index rising for the fifth straight week to reach its highest level since 2011. Spurred on by multiple factors from a vaccine-led rebound in global growth, transportation bottlenecks crimping supplies, weather concerns in key growing regions...

Today we are launching our next equity theme basket covering the semiconductor industry which is undergoing rapid demand driven high earnings growth but also supply constraints for other industries.Earlier this week we launched our next equity theme basket covering the financial trading industry which has been turbocharged by the pandemic,...

Prices are facing bearish pressure from our resistance where we could see a reversal below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.

Prices are facing bearish pressure from our resistance where we could see a reversal below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.

Today we look at still very notable divergences in the US equity market, as bubble stocks and other richly valued corners of the market continue to stumble even as the broader market is looking back at the record high. Also, a discussion on what bond market, Fed expectations and breakevens...

The Breakout Opportunities system has just bought EURUSD at 1.20796. The system recommends entering this trade at any price between 1.20648 and 1.20938. The signal was issued because the EURUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.14442, suggesting that the EURUSD may have further...

Prices are facing bearish pressure from our short-term descending trendline resistance, horizontal swing high resistance as well as 100% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push down towards horizontal swing low support and our 2nd target can be the Fibonacci confluence area of 78.6% Fibonacci extension as...

Prices are facing bearish pressure from our short-term descending trendline resistance, horizontal swing high resistance as well as 100% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards horizontal swing low support and our 2nd target can be the Fibonacci confluence area of 78.6% Fibonacci extension as well...