European consumers, both private households and industry, have witnessed surging electricity and fuel bills during the past six months. While part of the increase is driven by a strong post-Covid growth recovery, the bad news relates to supply which especially for natural gas has been in short supply during this...

Today we look at whether in relative terms at the very least, the market may have overdone the recent allocation away from China, as the strong rally there this week suggests. Elsewhere, we suggest that the recent sharp bounce-back in US equities is not necessarily a sign of market health...

Yesterday and overnight saw equity markets generally trying to extend their recent sharp gains but unable to sustain the new highs as a sideways consolidation set in. A bit of caution may settle over the market ahead of the speech from Fed Chair Powell at the Jackson Hole Fed Symposium...

This week's symposium could offer hints on how the Federal Reserve is looking to start tapering its bond purchase programme. But it is unlikely Fed Chair Jerome Powell will give much details on exact taper timing and composition. There is still a debate among officials regarding the macroeconomic impact of...

Green transformation is not extending the rally from 2020 despite a lot of political tailwind. Investors are looking for the winners and in our recent talk with the Vestas CEO we talked about the future of energy and what that means for the wind turbine industry.Update as of 25 August...

The combination of a powerful risk-sentiment boost since Friday and a massive boost to crude oil prices since yesterday has helped a near full turnaround in oil-linked currencies, particularly NOK, as EURNOK is back to trading near one-month lows on the change of mood. Elsewhere, USDCAD has also reversed most...

Price is holding above the ascending trendline support, price is expected to rally upwards towards the resistance in line with the 78.6% Fibonacci extension from the pivot level in line with the 38.2% Fibonacci retracement level . Our bullish bias is further supported by the stochastic chart approaching the strong...

AUDCHF holding above ascending trendline support. Technical indicators showing room for further bullish momentum as well. A further push up above our entry at 0.65836 towards our take profit level at 0.66589 could be possible. Our profit level is also a Fibonacci confluence zone where we have long term 50%...

Price is approaching our pivot level at 1,796.49 which is in line with -27.2% Fibonacci retracement level and 78.6% Fibonacci extension level and horizontal overlap resistance. Price could potentially drop towards support at 1,761.94, in line with 23.6% Fibonacci retracement level , 61.8% Fibonacci extension level and 50MA. Stochastic is...

USDCAD facing bullish pressure above our entry at 1.25991. After having dropped so strongly, price is now due for a rebound above 78.6% Fibonacci retracement level. Stochastic is also testing support where price bounced in the past with a possible upside take profit level at 1.26909. Any opinions, news, research,...