Everyone involved in the stock market is a market timer, although many won’t admit this fact.
Metals: Momentum concerns drive volatility risk higher
We have entered the time of year where profits are being defended and where lack of momentum can cause some major price swings. Metal markets currently lacking momentum are precious metals and more recently also platinum while copper has yet to break levels that may cause a sweat.Gold is currently...
Gilts to test 0.1% in case of a hard Brexit, but yields could rise to 1% in case of a deal
There is more upside for Gilts in case of a hard Brexit, but if a deal is agreed upon tonight, we might see yields rising to test their upper trendline at 0.45%. The BoE will be wary of 10-year yields rising above 1% even if a deal with the European...
FX Update: Brexit crunch time, and what are last hurdles for USD bears?
Strong risk sentiment continues and a fresh surge in industrial metals has helped AUDUSD to new highs. But our focus should be squarely on sterling today and in coming days as Brexit crunch time has arrived and disaster insurance buying has picked up on the latest uncertainty. Elsewhere, we look...
GBPAUD facing bullish pressure, room for upside!
Price is facing bullish pressure where we could see a bounce above this level to our first resistance target. Ascending counter trendline is showing signs of bullish pressure.
GBPAUD facing bullish pressure, room for upside!
Price is facing bullish pressure where we could see a bounce above this level to our first resistance target. Ascending counter trendline is showing signs of bullish pressure.
BTCUSD is testing support, potential bounce
Price is testing support where we could see a bounce above this level.
BTCUSD is testing support, potential bounce
Price is testing support where we could see a bounce above this level.
Podcast: Remarkable speculative froth in places. Brexit crunch time.
Today we look at the continued solid bid in risk sentiment while noting a few signs of extremely stretched sentiment in equity options and especially in Tesla options. Also a look at the strong demand for disaster insurance in GBP options as Brexit crunch time has truly arrived, while Gilts...
CADJPY is facing bullish pressure | 9 Dec 2020
Price is facing bullish pressure where we could see a bounce above this level to our first resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well in line with our bullish bias.