AUDUSD could retest the trendline, more upside!

The Trend Follower Strategy has just sold EURAUD at 1.56179. The system recommends entering this trade at any price between 1.56009 and 1.56349. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.50163. This suggests that the EURAUD could be trending downwards.The 14-period...

Survey data points to higher inflationThe initial impact of the crisis has been disinflationary, in official price indices at least. Beyond that however, change is afoot, and we see increasing capacity for inflationary pressures to emerge in official measures over the next 12 months, particularly against incoming low base effects,...

Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...

Several leading international banks are close to launching their cryptocurrency custody solution. Furthermore, MasterCard is joining Visa in the race to include cryptocurrencies on their network, and the biggest decentralized exchange hit an all-time volume of $100 billion.Leading banks with cryptocurrency custody in the pipeline Over the past week, several...

Risky assets remain on fire as the US gets back to work today, with US long yields, easily the most important risk benchmark for global financial markets, having broken to new cycle highs ahead of a three-day weekend in the US and with China out on holiday until later this...

Price is facing bullish pressure from our support in line with our ascending trend line where we could see a further upside above this level.

Price is facing bullish pressure from our support in line with our ascending trend line where we could see a further upside above this level.

Today we take a look at the three previous major highs in the equity market and compare conditions then with conditions now, as we continue to maintain a cautious stance, particularly given the recent rise in bond yields. On that note, a look at the next key levels for US...

Today we look at the acceleration higher in US treasury yields yesterday, with the entire yield curve from 5 years on out lifting aggressively and finally getting widening respect outside of the yield sensitive USDJPY and gold, as the USD was broadly bid on the development and the speed of...