Much weaker than expected US payrolls growth sparked an enthusiastic rally in risk sentiment and drop in the US dollar as yields fell and the market warmed up for more central bank and fiscal accommodation as far as the eye can see. Gold burst higher after breaking the key 1,800...

Prices are facing bearish pressure from our descending trend line and resistance where we could see a reversal below this level.

Prices are facing bearish pressure from our descending trend line and resistance where we could see a reversal below this level.

The Breakout Opportunities system has just bought AUDJPY at 85.44. The system recommends entering this trade at any price between 85.26 and 85.595. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.756, suggesting that the AUDJPY may have further...

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...

One month of weak payrolls does not a weak trend make, but the US April payrolls change release was a horrific miss relative to expectations and offers USD bears about as much support as they could expect, with the very important caveat that the kneejerk reaction to the data is...

The "everything rally" in commodities continues to gather steam with the Bloomberg Commodity Spot index rising for the fifth straight week to reach its highest level since 2011. Spurred on by multiple factors from a vaccine-led rebound in global growth, transportation bottlenecks crimping supplies, weather concerns in key growing regions...

Today we are launching our next equity theme basket covering the semiconductor industry which is undergoing rapid demand driven high earnings growth but also supply constraints for other industries.Earlier this week we launched our next equity theme basket covering the financial trading industry which has been turbocharged by the pandemic,...

Prices are facing bearish pressure from our resistance where we could see a reversal below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.