Price is reacting in a potential wedge pattern, we can expect price to bounce from the pivot level and hence, showing a short-term bullish momentum. We are expecting price to bounce from pivot in line with ascending trendline support and 78.6% fibonacci projection towards the take profit level in line...

Price is reacting below our pivot level at 110.805, in-line with 100% Fibonacci retracement , 127.2% Fibonacci extension and swing high resistance. Price could potentially drop to support at 110.165, in-line with 38.2% Fibonacci retracement level, 61.8% Fibonacci extension and 20EMA. Stochastic is also at resistance where previous drops occurred....

EURUSD has been consolidating in a downward channel . Our target entry is placed at 1.17331 in line with 50% Fibonacci retracement . Price has the potential to dip towards our Take Profit at 1.16820 in line with our graphical swing low and parallel channel . Ichimoku and MA are...

Futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, September 21. A week that registered the biggest stock market slide in four months as traders grew increasingly worried about China Evergrande Group's debt problems, as well as pre-FOMC market jitters....

Today we look at the latest advance in US equities despite ongoing concerns centered on energy prices and the critical focus this week: the fate of Biden's cornerstone fiscal stimulus initiatives and the onrushing debt ceiling issue as the US government's financial year ends this Thursday. We also have the...

US equity markets finished last week on a strong note and are up overnight to start the week, although a fresh rally attempt in Chinese markets is showing signs of stumbling in later trading. Elsewhere, the Euro is trading sideways in the wake of the German election, which saw the...