Several cryptocurrencies hit a new all-time high last week, including Bitcoin and Ethereum. However, this week has so far been colored in red as the crypto-market tumbled. Speculative investors are getting nervous across markets, and Elon Musk is tweeting that the Bitcoin and Ethereum prices seem high.Multiple events are causing...

For weeks we have been flagging the dangers of the Tesla-Bitcoin-Ark risk cluster which supercharged each other and created a big cumulative interconnected position network. Yesterday, these instruments saw steep losses and they are all down again today. In this update we go through what has happened and what might...

Risk sentiment is broadly under pressure, with muted reactions across FX, although yesterday did produce new developments worth noting, and the event risk of the week is up today in the form of semi-annual testimony from Fed Chair Powell. Any hint from Powell on the Fed stance on rising yields...

Price is approaching our first resistance in line with our descending trend line where we could see a reversal below this level.

Price is approaching our first resistance in line with our descending trend line where we could see a reversal below this level.

Today we break down yesterday's downside acceleration in the most speculative pockets of the US equity market and ponder the likely correlations with the crypto space, which has suffered enormous volatility this week. Elsewhere, has the ECB already shot across the bow on yield-curve-control and what will Powell say, if...

Equities suffered a weak session in the US yesterday, with the selling most concentrated in the big tech and more speculative names. Indeed, highly speculative assets, from Tesla to Bitcoin and other crypto currencies were in for a rough ride, in part as US Treasury Secretary Yellen touted a digital...

The Breakout Opportunities system has just sold USDCHF at 0.89479. The system recommends entering this trade at any price between 0.89365 and 0.89662. The signal was issued because the USDCHF has broken its 24-hour low while our Speculative Sentiment Index was at 7.96429, suggesting that the USDCHF may have further...

USDCHF could breakout, more downside !