Fixed income market: the week ahead

This week it's all about central banks' monetary policies and how they are planning to pull stimulus away from the economy. US Treasuries are not pricing for a September taper announcement. Therefore, a tapering surprise could provoke 10-year yields on the way towards 1.5%. In a moderately dovish or hawkish...

USDJPY reacting at pivot, potential for drop!

Price is reacting below our pivot level at 109.985 which is in line with 78.6% Fibonacci retracement , 161.8% Fibonacci extension and descending trendline resistance. Price could potentially drop to support at 109.435, in-line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Alternatively, price may swing towards resistance at...

GBPUSD approaching pivot, potential for bounce!

Price is approaching pivot level at 1.36685 which, in-line with 23.6% Fibonacci retracement level, 61.8% Fibonacci extension and horizontal overlap resistance. Price may potentially drop to support at 1.36020 which is in-line with 100% Fibonacci retracement , 100% Fibonacci extension and swing low support. Stochastic is also approaching horizontal support...

Breakout Identified in AUDJPY

HMC_Trader Breakout Identified in AUDJPY SHORT Australian Dollar / Japanese Yen (FX:AUDJPY) 79.319 −0.543 −0.68% HMC_Trader 6 hours ago Trend Analysis Chart Patterns Signal ID: 77623 Time Issued: Monday, 20 September 2021 02:16:15 GMT Status: open Entry: 79.388 - 79.77 Limit: 78.964 Stop Loss: 80.489 The Breakout Opportunities system has...