Today we look at the week ahead as the earnings calendar remains busy, especially for interesting Chinese names. We also look at the potential impact of the ongoing delta variant surge and its impact, especially heavy on US sentiment as seen in Friday's preliminary University of Michigan sentiment reading. A...

Futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, August 10. A week that saw speculators getting busy adjusting positions in response to an increased virus threat at a time of rising yields and dollar following the strong US jobs...

US equities surged on Friday to post a strong close to the week, with the S&P 500 posting a strong new all-time high, while the Nasdaq 100 index has yet to break free of the recent range. US treasury yields dropped ahead of this week, in part after a huge...

Macro Dragon = Cross-Asset Quasi-Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...

Price may bearish below the pivot at 77.93 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci extension to take profit at 76.396 in line with 127% Fibonacci extension . Otherwise, price may retrace to stop loss at 78.77 in line 78.6% Fibonacci extension . Any opinions, news, research, analyses,...

Price is at below pivot level at 110.67 which is in line with 61.8% Fibonacci retracement level and 127.2% Fibonacci extension level. Price may potentially drop to our support at 110.08, which coincides with 38.2% Fibonacci retracement level and 61.8% Fibonacci extension level. Alternatively, price may potentially bounce towards resistance...

Price is approaching pivot level at 1.38305 which is in-line with 38.2% Fibonacci retracement level and 200MA. Price could potentially drop towards support at 1.37710, which is in-line with -27.2%, 50% Fibonacci retracement and horizontal overlap support. If price bounces, it could potentially swing towards resistance at 1.38610, in-line with...

XAGUSD broke below descending channel support to the downside. With technical indicators still showing room for further bearish momentum, a further push down below our entry at 23.665 towards graphical swing low and 161.8% Fibonacci extension at our take profit at 22.259 could be possible. Any opinions, news, research, analyses,...

GBPJPY Facing bearish pressure. Price is currently forming the last leg of what is a possible double top pattern. A drop below our entry at 152.696 where we have graphical overlap resistance towards our take profit at 151.540 could be possible. Our take profit also falls in line with a...