Our bias as of now is bearish , we can see that price is currently retesting the ascending trendline turn resistance level and holding below the trendline. We are expecting the price to bounce downwards from the pivot level, in line with 50% Fibonacci retracement level, towards the take profit...

Price is seen to be holding below the ascending trendline support turn resistance, showing a bearish pressure. We are expecting price to potentially retrace to the pivot level in line with the ascending trendline support turn resistance and the 61.8% Fibonacci retracement level and push back down to the take...

Industrial metals continue to experience mixed fortunes with a noticeably gab emerging in the performance between copper and aluminum, the two bell weather metals in this sector. With the easy access to copper and deep liquidity it is the industrial metal most often used by investors and speculators. The result...

Today we look back on another weak day for US equities, and one that spilled over into the Asian session overnight for the first time in a while. In breaking down possible causes, it is clear that rising yields are not among them as the US 10-year treasury auction saw...

US equities were weak across the board in a choppy session yesterday that saw a late attempt to put together a rally that found little success in holding as the Asian session brought fresh weakness. Elsewhere, a strong US 10-year treasury auction took US yields sharply back lower just after...