El Salvador has adopted Bitcoin as legal tender, being the first country to do so, and other countries are following with a positive stand towards the adoption of cryptocurrencies. On the technology side, Cardano launched its highly anticipated smart contracts yesterday.Bitcoin is now legal tender in El Salvador As the...

The Norwegian krone is on a tear on election day in Norway as investors seem more focus on high oil prices than a leftward political shift post-election. The euro continues to slump in the wake of an indifferent ECB meeting last week, while risk sentiment tries to shake off an...

This week's US CPI prints will be in the spotlight as they may force the Federal Reserve's hand about a tapering decision next week. Consequently, the US yield curve may bear-flatten despite the Fed previously soothed interest rates hikes expectations. As foreign demand for US Treasuries remains robust, ten-year yields...

Price is approaching our pivot level at 1.60835 which is in line with 38.2% Fibonacci retracement level, 61.8% Fibonacci extension level and 200MA. Price could potentially face bearish pressure and drop to support at 1.58710, in-line with -27.2% Fibonacci retracement level and 200% Fibonacci extension level. RSI is also at...

USDCHF broke above previous descending trendline resistance (now support). Price is also holding above shorter term ascending trendline support. A further intraday push higher above our buy entry at 0.91729 towards graphical swing high resistance at our take profit of 0.92395 could be possible. Stochastic is also reacting above support...

Price broke down and retested the ascending trendline support-turned-resistance is approaching pivot level at 0.70850 which is in line with 23.6% Fibonacci retracement level, 61.8% Fibonacci extension level and horizontal overlap support. If price could breakdown below pivot , it could potentially push down further to support at 0.70115, in-line...

Price is currently hovering at our pivot at 1.26677. We foresee price to ascend towards our area of take profit at 1.27556, 127.2% Fibonacci retracement and 88% Fibonacci extension at the upper bands of Bollinger Bands . Price is also reacting above the Ichimoku Clouds , futher supporting our bias....

Futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, September 7. A week where the S&P 500 showed signs of running out of steam, the dollar traded unchanged after having dipped to a one-month low while Treasury yields rose ahead...

Today we look at the ugly sell-off in US equities on Friday and the degree to which fresh anti-trust concerns on Apple are driving the action, the latest initiatives in China against platform companies, the stakes for Norway in today's general election, the oil and industrial metals markets, the week...