Price i facing bullish pressure from our ascending trend line , where we could see a bounce above this level. Stochastic is approaching support as well.

Price i facing bullish pressure from our ascending trend line, where we could see a bounce above this level. Stochastic is approaching support as well.

Sterling is on the defensive as the No Deal Brexit risk is now being taken far more seriously, even if a cliff-edge of implementing new terms is hopefully unlikely. The euro may stumble versus the USD and JPY here if a hard Brexit comes into play. Elsewhere, trading AUD at...

Today we look at the speculative excess in corners of the US market as underlined further by the frothy IPO for AirBnB. Elsewhere, a reassessment of the real risks of a No Deal Brexit as the signs of a stand-off deepen (and even if a "No Deal" means a transition...

Price is approaching our first support in line with our ascending trend line and 23.6% Fibonacci retracement and 100% fibonacci extension where we could see a bounce from here.

Price is approaching our first support in line with our ascending trend line and 23.6% Fibonacci retracement and 100% fibonacci extension where we could see a bounce from here.

The US market managed to claw its way back to par after selling of earlier in the day, but the action overnight in Asia was a bit tepid and in Europe, the markets have gone nowhere for weeks as the Euro has broken higher and despite a large new easing...

Price has reversed from our sell entry towards our first support. Stochastics is facing bearish pressure as well.

Price has reversed from our sell entry towards our first support. Stochastics is facing bearish pressure as well.

The Breakout Opportunities system has just bought AUDUSD at 0.7562. The system recommends entering this trade at any price between 0.75352 and 0.75766. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -3.42613, suggesting that the AUDUSD may have further...