European sovereigns fell even though the ECB delivered more than expected. The market is failing to see that more stimulus is ahead as the central bank will need to continue to stimulate the economy to revive inflation. However, the good news is coming from the EU Summit as Hungary and...
Big tech regulation heats up on both sides of the Atlantic
Technology regulation is galloping faster and faster with FTC's lawsuit against Facebook and a new EU draft regulation on very large technology platforms. If you are an investor in a major technology company you should pay attention.Facebook shares were down 2% yesterday as the FTC (the US Federal Trade Commission)...
LTCUSD is approaching support, potential bounce | 10 Dec2020
Price is approaching our first support in line with our ascending trend line where we could see a bounce above this level.
EURJPY is approaching support | 10 Dec 2020
Price is approaching support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well in line with our bullish bias.
EURJPY is approaching support | 10 Dec 2020
Price is approaching support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well in line with our bullish bias.
CADJPY is facing bullish pressure | 10 Dec 2020
Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
CADJPY is facing bullish pressure | 10 Dec 2020
Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
Podcast: Merely a random ugly down day or a market correction unfolding here?
Today we look at movers and shakers in the commodity market, particularly iron ore, which is tearing higher at an accelerating pace lately. But with so much focus on the US megacap stocks and suddenly the worst day for markets in nearly a month, we spent considerable energy looking into...
Market Quick Take – December 10, 2020
The market mood turned sour yesterday, as the US equity market suffered its worst sell-off in almost a month. One story driving negative sentiment was the news that the US federal government and most US states are set to bring an antitrust suit against Facebook that could force its breakup....
Possible trend shift in USDJPY – going long
The Tidal Shift Strategy has just bought USDJPY at 104.417. The system recommends entering this trade at any price between 104.328 and 104.506. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 2.408, which suggests that...