USDCHF has broken through downtrend line on the daily timeframe. It has the potential to bounce from 1st support, which coincides with horizontal swing high and 61.8% Fibonacci extension level to the 1st resistance which is a Fibonacci confluence area of -27% Fibonacci retracement and 161.8% Fibonacci extension. If prices...

The Trend Follower Strategy has just bought EURJPY at 128.944. The system recommends entering this trade at any price between 128.815 and 129.073. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.602. This suggests that the EURJPY could be trending upwards.The 14-period...

During next week's press conference, the ECB will not have any alternative other than increasing purchases under the Pandemic Emergency Purchase Programme to slow down the European sovereigns' selloff. In February, European sovereigns have lost around 1.2% in value which, excluded the selloff seen during the Covid pandemic last March,...

Price is facing bullish pressure from our ascending trend line where we could see a bounce above this level.

Price is facing bullish pressure from our ascending trend line where we could see a bounce above this level.

Today we take a look through yesterday's remarkable session, in which the steep sell-off in equities - particularly for those with Tesla-ARK-speculative stripes - accelerated and then staged a profound bounce as disruptor guru Cathie Wood was interviewed on TV and crystallized the connection between the highly valued disruptor stocks...

EURNZD breakout to the downside, further drop!

Equities were in for a rough ride yesterday as the megacap-heavy US Nasdaq 100 tumbled by as much as 3.5% before finding support. The bounce from session lows while Fed Chair Powell was out delivering testimony before Congress was impressive if unrelated to any message he delivered. Overnight, equities were...

The Breakout Opportunities system has just bought AUDUSD at 0.79333. The system recommends entering this trade at any price between 0.792 and 0.79478. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -3.01082, suggesting that the AUDUSD may have further...