So if you’re sitting around thinking you need to start giving the cryptoverse a look — especially after bitcoin hit a new high last week — I recommend you check out Ian Dyer’s strategy while it’s open today.
FX Update: Big reaction in Aussie rates to CPI fails to impress AUD.
A solid beat in the Australian CPI reading overnight saw a huge adjustment to the forward rate curve in Australia but failed to impress the currency as much as other factors are providing some offsetting pressure. Today we look forward to a Bank of Canada meeting that will have to...
USDCHF potential for further downside | 27th Oct
Price is near the sell entry price of 0.91896 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Price can further dip to the take profit price of 0.91505 which is also 78.6% Fibonacci projection . Our bearish bias is supported by the ichimoku cloud indicator as price...
Possible trend shift in AUDUSD – going long | 27th Oct
Signal ID: 78001 Time Issued: Wednesday, 27 October 2021 02:00:15 GMT Status: open Entry: 0.75034 - 0.75314 Limit: N/A Stop Loss: 0.74615 The Tidal Shift Strategy has just bought AUDUSD at 0.75174. The system recommends entering this trade at any price between 0.75034 and 0.75314. The signal was issued because...
EURUSD potential for further downside | 27th Oct
Price has recently broke out from the ascending trendline and can potentially dip to the first support level which is also the graphical swing low level. The sell entry is placed at the graphical overlsap support which is also 50% Fibonacci retracement and 61.8% Fibonacci projection . Our bearish bias...
What is driving equity market higher and what might slow progress
Today we look at the US market finally stumbling slightly yesterday after its torrid recent pace of gains and we dissect some of the market logic that might be continuing to drive the market higher despite rising rates as well as factors like earnings deceleration that could hold the market...
Market Quick Take – October 27, 2021
Equity markets reached fairly aggressive new highs yesterday in the US, but retreated sharply into the close, one of the more pronounced signs of weakness in the last two weeks. Oil prices were capped once again late yesterday in the US in the wake of weekly inventory data. Today brings...