Price is approaching support where we could see a bounce above this level to our take profit target. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.

Price is approaching support where we could see a bounce above this level to our take profit target. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.

Markets are rather quiet and mixed as investors scratch about for catalysts ahead of what historically is one of the strongest periods seasonally for equities from now and into year-end. US Treasury Secretary Mnuchin has moved to end key Fed facilities that helped prop up the US corporate bond market...

Price is approaching our first support in line with our buy entry where we could see a bounce above this level.

Price is approaching our first support in line with our buy entry where we could see a bounce above this level.

The Breakout Opportunities system has just sold USDJPY at 103.712. The system recommends entering this trade at any price between 103.579 and 103.832. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 5.119, suggesting that the USDJPY may have further...

Investors crowded the issuance of euro-denominated Chinese government bonds yesterday, pushing yields of 5-year notes below zero. They might be betting that the People's Bank of China will ease the economy further even though it seems on the way to recovery. Indeed, some signals in the corporate space point to...

While the short-term outlook has turned somewhat challenging, the medium term outlook remains favorable for gold and other investment metals.Gold continues to lose momentum in response to recent vaccine announcements and their potential effectiveness in combatting a not-yet-under-control Covid-19 outbreak. In fact today we are seeing emerging market currencies as...

While a first wave of high-efficacy vaccines may be near and some countries are already planning to kick off a vaccination campaign as early as next January, people accepting it will certainly be the next challenge, especially in some DM countries like France where vaccine skepticism has significantly increased in...

The market sentiment has soured since New York City last night warned that all public schools will be closed from today. We also have the specter of an EU budget impasse to consider. In FX, the riskier currencies have headed lower versus the US dollar, with the euro under modest...