I just posted this new video yesterday morning on a stock well–known for its payroll processing services for many companies, big and small — Automatic Data Processing.
USDCAD reversed from resistance, potential drop!
Price is approaching out key resistance zone , potential drop may be seen!
Podcast: We still think bullish sentiment looks stretched
Today we look at the latest extension of US equities to all-time highs yesterday and look at a number of factors that have us concerned that market sentiment remains stretched on the bullish side. Also a dive into a number of individual equity stories, from FedEx to Vestas and the...
Market Quick Take – December 18, 2020
Markets finished the day at record highs in the US yesterday, but the mood soured overnight in Asia on reports of further US blacklisting of Chinese firms, on the status of the US stimulus package is suddenly looking shaky, and on Brexit talks suddenly stalled again over the fisheries issue....
Rates Update: BOE leaves room for Gilt yields to spike amid a Brexit deal. Federal Reserve decision leave Treasuries unchanged.
The Bank of England maintains monetary policy unchanged amid unusual uncertainty. It implies that Gilt yields are free to spike in case a Brexit deal comes through. Ten-year Gilt yields will easily break their resistance line at 0.45% in case of a Brexit deal, and they will continue to rise...
FX Update: FOMC meeting proves low hurdle for USD bears
The FOMC meeting last night failed to produce any indication of new easing measures from the Fed, an initial disappointment, but one that was quickly wiped away as Powell and company entirely failed to indicate any concern with recent market developments. Elsewhere, GBPUSD is breaking above major resistance on fresh...
Podcast: Fresh “everything up” (except US treasuries) surge post-FOMC
Today we run through last night's FOMC meeting and how quickly the market brushed off the initial disappointment that the Fed is not ready to roll out new easing measures this time around. We also look at the surge in Bitcoin as institutional money is getting involved in the space,...
Market Quick Take – December 17, 2020
Everything is up, save for sideways US treasuries in the wake of the FOMC meeting last night, as the bulls saw nothing to fear in the very few changes to the Fed monetary policy statement and somewhat more optimistic Fed economic projections. Bitcoin has exploded to strong new gains as...
Breakout Identified in USDJPY
The Breakout Opportunities system has just sold USDJPY at 103.255. The system recommends entering this trade at any price between 103.134 and 103.415. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 3.949, suggesting that the USDJPY may have further...
XRPUSD pulling back to trendline, more upside !
XRPUSD pulling back to trendline, more upside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a...