Price is approaching support where we could see a bounce here.

Price is approaching support where we could see a bounce here.

We expect a dovish FOMC meeting on Wednesday, which will most likely fail to slow down the yield curve's steepening as inflationary pressures become evident by the day. In Europe, Italy faces another government crisis as a Senate vote on Wednesday has become key for Conte's government's survival. Meanwhile, Italy's...

Equities finished last week with a somewhat wobbly session, but this week is off to a strong start, with most Asian indices up smartly to start and US futures near or at new record highs. In the US, the path to the Biden stimulus plan looks complicated by a unified...

USDJPY is facing bearish pressure, potential for more downside.

USDJPY is facing bearish pressure, potential for more downside.

The Tidal Shift Strategy has just bought EURAUD at 1.57401. The system recommends entering this trade at any price between 1.57167 and 1.57635. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.05131, which suggests that...

Weekly commodity update focusing on emerging signs, that several markets including commodities are seeing fading momentum. Driven by prolonged and new Covid-19 related lockdowns, now also in China and Hong Kong, as well as increased scrutiny on Biden's ability to get his stimulus package through Congress. Developments that may cause...

Movements in FX are moving sharply against recent trends as the commodity dollars are suddenly on their backfoot, while a less dovish than expected ECB is seeing the euro firming across the board, with the USD likewise firming against risk-correlated FX, especially in EM. The SaxoStrats team is urging near...