The Breakout Opportunities system has just bought EURJPY at 132.423. The system recommends entering this trade at any price between 132.345 and 132.575. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.747, suggesting that the EURJPY may have further...

The Tidal Shift Strategy has just bought AUDUSD at 0.75884. The system recommends entering this trade at any price between 0.75778 and 0.7599. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.18557, which suggests that...

GBPJPY holding below descending trendline resistance and moving average. A short-term intraday drop below our entry at 154.608 and 61.8% Fibonacci retracement towards graphical swing low support, 61.8% Fibonacci retracement, and our take profit at 153.830 could be possible. Stochastic is holding below descending trendline resistance showing that price is...

NZDJPY drifted higher and is approaching our take profit level at 78.815. This also finds confluence with -27.2% Fibonacci retracement and also the high of 15 June 2021. With price holding above moving average, it is possible for an intraday bounce above our entry and 23.6% Fibonacci retracement level at...

Prices are approaching horizontal pullback resistance in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards horizontal overlap support in line with 78.6& Fibonacci retracement and 127.2% Fibonacci extension. If prices continue to push upwards, prices might face resistance from 161.8% Fibonacci extension and 78.6%...

Prices are facing bearish pressure from descending trendline resistance in line with horizontal overlap resistance, in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push down towards horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. If prices continue to push up,...

EURGBP is facing bullish pressure as it is now holding above the moving average support, and Stochastics is also approaching the support level where the price has bounced from in the past as well. We could see a bounce at Buy Entry, in line with 61.8% Fibonacci retracement and 61.8%...

CADCHF is holding above the ascending trendline support, and RSI has bounced from the support level where we have seen price bounce from in the past. We could see a further rise above Buy Entry level, in line with 50% Fibonacci retracement, 78.6% Fibonacci extension, and horizontal pullback support, towards...

US and Chinese equities notched a solid session yesterday and overnight, taking US equities to new all time highs and Chinese equities further above key support. Having spent all week unwinding last week's reaction to the FOMC meeting, USD traders will need to decide as soon as today whether the...

The major US equity indices closed at new all-time highs yesterday, while the Asian session was buoyed by a strong session in China, as the CSI-300 Index has now pulled more sharply away from an important support level that was recently tested. Today, the market awaits the latest US May...