EURUSD see bearish divergence, more downside !
EURUSD see bearish divergence, more downside !
EURUSD see bearish divergence, more downside !
Possible trend shift in GBPJPY – going long
The Tidal Shift Strategy has just bought GBPJPY at 139.619. The system recommends entering this trade at any price between 139.412 and 139.826. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.382, which suggests that...
Bubble? No Way! The Biggest Opportunities in 2021
There’s a lot to be thankful for this year!
Are Japanese equities experiencing a new dawn?
Japanese equities are among the best this year. While it could look like the value rotation and a play on economic growth revival in 2021, there are many more underlying factor behind and Japanese equities could experience a new dawn of interest from foreign investors. Nikkei 225 futures are up...
Gold dumps on vaccine news and strong U.S. data
In our latest gold update we highlighted the risk to precious metals from an ongoing flow of positive news related to Covid-19 vaccines. Yesterday it slumped below support at $1850/oz thereby raising fresh investor concerns about the metals ability to move higher into a vaccine-led global recovery.In our latest gold...
Surge in the altcoin space
The recent Bitcoin rally has boosted the sentiment in the rest of the crypto space, and over the past week the major altcoins Ethereum and Ripple have gained 32 % and 122 %, respectively. While Bitcoin is close to its all-time-high, many altcoins still have some way to go before...
An energy renaissance as post Covid-19 world gets priced in
Energy stocks continue to outperform the global equity market as investors are pricing in a post Covid-19 world with higher demand for oil driven by workers coming back to offices and people begin travelling again. The global energy sector was up 5% relative to the global equity market yesterday driven...
FX Update: Yellen as US Treasury Secretary? Yes please, say USD bears.
The US dollar is trading back lower, particularly against pro-cyclical currencies, on the news that Trump gave the order to allow the formal transition to proceed, and after sources indicate Biden will nominate former Fed Chair Janet Yellen today as his Secretary of Treasury. This move adds to the longer...
German business climate slips in November due to partial lockdown
German business climate weakened for the second consecutive month in November due to the implementation of a partial lockdown to cope with the second wave of the virus. Business climate was sharply down in the accommodation and the travel industries which are among the economic sectors most affected by the...