Price is facing bearish pressure from our resistance, Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.

The US equity market saw a choppy session yesterday that ended with a modest decline, with the mood remaining cautious overnight as China came back online from its long holiday. The Chinese CSI-300 Index gapping higher at the open but sold off steeply from the highs on the day. US...

USDJPY is facing bullish pressure, potential for more upside

USDJPY is facing bullish pressure, potential for more upside

The Breakout Opportunities system has just bought AUDUSD at 0.77683. The system recommends entering this trade at any price between 0.77573 and 0.77828. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.31337, suggesting that the AUDUSD may have further...

Gold's 35 dollar slump has extended further today as the most interest rate sensitive of all metals struggle to put up a defense against the latest surge in US bond yields. Adding to this a stronger dollar which is rising in response to higher yields and with that the risk...

The optionality to stake ETH to earn rewards in the Ethereum 2.0 framework is now becoming easier to access as digital currency exchanges expand their offerings, allowing more users to participate in validating transactions.With the ETH 2.0 upgrade launched in the end of last year, the Ethereum network is in an ongoing...

US treasury yields spiked a bit more impressively yesterday as the entire curve from five years on out rose aggressively to new cycle highs. Markets finally responded a bit more broadly to the development even if the USD move higher on the back of this development was rather modest in...

Price is approaching support where we could see a bounce above this level.

Price is approaching support where we could see a bounce above this level.