Price holding under the descending trendline resistance, signifying a bearish momentum. We can expect price to be pushing down from the pivot level in line with 61.8% Fibonacci retracement , 161.8% Fibonacci projection and trendline resistance, towards the take profit level in line with 61.8% projection and last swing low....

Price is fluctuating in the descending channel , signifying a bearish momentum. Price could potentially reach the top of the resistance descending channel which is in line with the Fibonacci level of 78.6%. Subsequently, we can expect price to to be pushing down from the pivot level to the take...

Signal ID: 77650 Time Issued: Wednesday, 22 September 2021 02:00:15 GMT Status: open Entry: 128.154 - 128.394 Limit: N/A Stop Loss: 128.755 The Trend Follower Strategy has just sold EURJPY at 128.274. The system recommends entering this trade at any price between 128.154 and 128.394. The signal was issued because...

Today we look back at another ugly US session yesterday as a comeback attempt was erase, although sentiment has improved in Asia slightly, in part on somewhat confusing Evergrande news. We also cover the latest developments in energy and industrial metals, whether the FOMC even really matters for this market...

The rally in equity markets yesterday was cut short as US stocks closed slightly lower after the meltdown Monday. But overnight we are seeing another rally attempt as China is back from a long holiday weekend and has stabilized slightly with a new injection of liquidity from the PBOC and...