Signal ID: 77605 Time Issued: Thursday, 16 September 2021 19:00:15 GMT Status: open Entry: 0.70605 - 0.70865 Limit: N/A Stop Loss: 0.71254 The Tidal Shift Strategy has just sold NZDUSD at 0.70735. The system recommends entering this trade at any price between 0.70605 and 0.70865. The signal was issued because...
#USDJPY retesting pivot, potential for drop
Price is retesting trendline resistance at pivot level at 109.940, in-line with 78.6% Fibonacci retracement level, 161.8% Fibonacci extension level and trendline resistance. Price could potentially drop to support at 109.340, in-line with 61.8% Fibonacci retracement level, 61.8% Fibonacci retracement level and horizontal overlap support. Stochastic is also approaching resistance...
USDCAD Facing bearish pressure | 17th Sept 2021
USDCAD holding within a triangle formation and is testing triangle resistance. A short term drop below our entry at 1.26929 towards our take profit at 1.26479 could be possible. Stochastics is also testing resistance where price dropped in the past. Any opinions, news, research, analyses, prices, other information, or links...
#GBPUSD is at pivot, potential for bounce
Price is approaching pivot level at 1.37660 which is in line with 78.6% Fibonacci retracement level, 78.6% Fibonacci extension and ascending trendline support. Price is still making higher highs and higher lows and price could potentially bounce to resistance at 1.39110, in-line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension...
High stakes on FOMC week ahead as US yields, USD poke back higher.
Today we look at the wave sent out by the US dollar and US yields poking back higher on a strong US Retail Sales report for August, even if the move was modest and the 10-year benchmark remains rangebound. Also, the latest on freight shipping rates, natural gas, China's Evergrande...
Market Quick Take – September 17, 2021
US equities closed only slightly below the closing level of the previous day after a choppy session, while the Hang Seng index managed to piece together a late rally after testing new 10-month lows overnight. Today sees the expiry of stock-related options and futures in the US. Elsewhere, natural gas...
Evergrande, and why it is important for the Chinese bond market
With Beijing reluctant to intervene with a bailout, the best-case scenario for Evergrande's bond investors is a restructuring of its debt. A liquidation could also be an option, but it would be a much longer process. A default of Evergrande poses a severe threat to the Chinese real estate market...
Why are equities ignoring the signs out of China?
The bottlenecks in the global economy is getting worse and China is facing a housing market under pressure. For how long can equities remain calm?There are many dynamics at play this year in China. The country’s housing market has for years been highlighted as overleveraged and a key risk for...
Market Quick Take – September 16, 2021
Equity sentiment improved in the US yesterday just ahead of key trend support in the S&P 500 Index, while sentiment soured in Asian overnight as Japanese equities finally consolidated notably for the first time after a blistering run higher of late, perhaps in part on the sharp rally in the...
Introducing: Crypto Claptrap! Here’s Why We’re Talking About It…
Mike and I love trading these assets for the same reason we love trading options — you can make big gains fast.