Today we look at the Chinese rebound overnight and note the terrible relative performance this month and for the year-to-date for China relative to India, which is not plagued by the same regulatory uncertainties. But we continue to wax very cautious on the very extended US market even if we...

A mixed session in the US equity market yesterday after the prior two days of strong gains, even if little damage was done as the market remained relatively stable despite a huge drop in US consumer confidence in August, likely on the spread of the delta variant of covid. Chinese...

We take a look at earnings this week from Zoom, Meituan, and NetEase, and discuss the new gaming regulation in China as global equities are getting more and more extended. The earnings season has tapered off, but this week’s earnings have still been interesting. Take Fortesque Metals Group reporting yesterday...

AUDJPY holding above short term ascending trendline support. With technical indicators showing room for further bullish upside, a further push up above our entry at 80.348 towards graphical swing high, Fibonacci confluence zone at our take profit level of 81.584 could be possible. Any opinions, news, research, analyses, prices, other...

EURUSD capped below descending trendline resistance. A short term drop below our entry at 1.18515 towards 61.8% Fibonacci retracement and our take profit level at 1.17271 could be possible. Stochastic indicator is also testing resistance where price dropped lower in the past. Any opinions, news, research, analyses, prices, other information,...

USDCHF is holding below descending trendline resistance. A short term intraday drop below our entry at 0.91751 towards graphical swing low and take profit level at 0.91001 could be possible. Stochastics is reacting below resistance where price pulled lower in the past. Any opinions, news, research, analyses, prices, other information,...

GBPJPY is holding above the ascending trendline. Price is facing bullish pressure above our entry at 150.952. Short term bounce towards our take profit at 152.447 could be possible. Our take profit level is line with 78.6% Fibonacci retracement . Technical indicators MACD and EMA are showing room for further...

Price is holding above the 21 EMA showing a significant bullish continuation. Price is expected to move upwards from the pivot level in line with the 78.6% Fibonacci extension and 61.8% Fibonacci retracement to the take profit level which is in line with the 127.2% Fibonacci extension . Our bullish...

Price is retesting the breakout trendline, showing a potential upside for AUDUSD . Price is expected to bounce up from the pivot level, in line with the 127.2% Fibonacci extension , and push towards the take profit level which is in line with the 61.8% Fibonacci retracement . Our bullish...

Price is retesting the trendline breakout at our pivot level at 109.730 which is in line with 61.8% Fibonacci retracement level, 61.8% Fibonacci extension level and trendline support. Price could potentially swing towards resistance at 110.44, which is in line with 78.6% Fibonacci retracement level and 100% Fibonacci extension level....