FXCM's NAS100 is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode but each is showing a convergence/loss of momentum. If the EMAs are able to switch to diverging, developing angle, and separation, it may indicate that the short-term traders are starting to align...

The market has made a significant adjustment in the wake of the FOMC meeting last week, but the action at the start of this week suggests that any follow-on move from here could be fitful, as we have a long few months to watch data develop and as the Fed...

The message coming from the bond market is clear: a new tightening cycle has begun, but it won't last for long. The short part of the yield curve rises because the Federal Reserve has hiked interest rates in money markets. Nevertheless, plunging yields in the long part of the curve...

Prices are approaching ascending trendline support as well as horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 88% Fibonacci retracement and 127.2% Fibonacci extension. If prices continue to push down, prices might...

The Breakout Opportunities system has just sold GBPJPY at 151.565. The system recommends entering this trade at any price between 151.346 and 152.052. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.467, suggesting that the GBPJPY may have further...

The Congestion Opportunities Strategy has just bought EURJPY at 130.179. The system recommends entering this trade at any price between 130.018 and 130.34. The signal was issued because the 28-hour Relative Strength Index indicates that the EURJPY may be overbought, while the Speculative Sentiment Index reading of 1.029 indicates that...

GBPCHF is approaching horizontal overlap support in line with 50% Fibonacci extension and 50% Fibonacci retracement. Prices might push up towards horizontal swing high resistance in line with 50% Fibonacci extension. If prices continue to push down, prices might take support on horizontal swing low support in line with 61.8%...

EURGBP approaching descending trendline resistance. A short-term drop below 78.6% Fibonacci retracement and our entry at 0.86108 towards our take profit and 61.8% Fibonacci retracement at 0.85665 could be possible. Our take profit level is also in line with graphical overlap support. Stochastic is also reacting below resistance where price...