Bond yields in the US, UK, and Europe have broken above critical resistance levels, entering a fast area that could take them even higher. In Europe, flash CPI data are likely to weigh more on the bond market than the German election this week. Indeed, a coalition is not likely...
Election updates : German political uncertainty, a Trump-inspired presidential candidate in France
My non-scientific guess is that the next German government will certainly be a coalition of the SDP, the Greens and the FDP - the so-called Traffic Light coalition.Uncertainty prevails in Germany: According to the Federal Returning Officer website which is responsible for overseeing elections on the federal level, the center-left...
FX Update: The German election fizzle. US yields in focus.
The German election offered no decisive outcome and we are now faced with the prospect of an extensive period of building a ruling coalition and a likely garbled policy mandate. Elsewhere, the issue that will increasingly seize market attention this week is the recent rise in US yields and how...
USDCAD potential bullish bounce | 27th Sep 2021
Price is holding on an ascending trendline support on the daily showing a strong bullish momentum. We can expect price to bounce from the pivot level in line with the ascending trendline support, 61.8% fibonacci projection and 61.8% fibonacci retracement towards the take profit level in line with 127.2% fibonacci...
Possible trend shift in NZDUSD – going short | 27th Sept
Signal ID: 77680 Time Issued: Monday, 27 September 2021 05:00:16 GMT Status: open Entry: 0.70046 - 0.70342 Limit: N/A Stop Loss: 0.70784 The Tidal Shift Strategy has just sold NZDUSD at 0.70194. The system recommends entering this trade at any price between 0.70046 and 0.70342. The signal was issued because...
Breakout Identified in AUDJPY | 27th Sept 2021
HMC_Trader Breakout Identified in AUDJPY | 27th Sept 2021 LONG Australian Dollar / Japanese Yen (FX:AUDJPY) 80.549 0.215 0.27% HMC_Trader 8 hours ago Trend Analysis Harmonic Patterns Chart Patterns aud jpy AUDJPY signals 27thsept Signal ID: 77679 Time Issued: Monday, 27 September 2021 01:58:15 GMT Status: open Entry: 80.484 -...
USDCHF holding above ascending trendline support! Further bounce
USDCHF consolidating above ascending trendline support. Price could potentially push up further to 1st resistance at 0.93330 towards, in-line with 100% Fibonacci retracement , 61.8% Fibonacci extension and swing high resistance. Alternatively, price could drop and find support at 0.91645, in-line with 100% Fibonacci retracement and 200% Fibonacci extension ....
GBPUSD potential short-term bullish bounce| 27th Sep 2021
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...
USDJPY reacting below pviot, potential for a drop!
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 is on bearish pressure! | 27 Sept 2021
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...