While France is expected to be the next EU country to announce a national lockdown to combat coronavirus pandemic tonight, pressure is significantly mounting on central banks to take further steps to support aggregate demand and fight against deflationary forces resulting from the COVID-19. Once unimaginable, central banks are increasingly...
Possible trend shift in EURCHF – going short
The Tidal Shift Strategy has just sold EURCHF at 1.07111. The system recommends entering this trade at any price between 1.07028 and 1.07194. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 6.95539, which suggests that...
Limiting drawdowns by adding volatility exposure to your portfolio
Given the uncertainty in the market's outlook, due to COVID-19 and the US election, investors should have their risk management in place. Going long volatility is one of the trades that tends to be overlooked by investors to obtain a negative correlation to the market. A small exposure to a...
Podcast: Risk sentiment getting shaky. JPY rattling currency market.
Today we look at increasingly dicey risk sentiment as Covid-19 lockdowns threaten for Europe and despite strong earnings expectations this week from big US names. In FX, the JPY is rattling its cage and threatening major support in USDJPY and EURJPY, while we wonder if gold expectations as expressed in...
Market Quick Take – October 28, 2020
Market sentiment remains shaky as broader US averages dropped slightly, and in virus-hit Europe, the German DAX index closed below its 200-day moving average for the first time since June. US treasury yields have tumbled back lower, wiping away most of their recent advance, helping to propel the Japanese yen...
LTCUSD is approaching support, potential bounce | 28 Oct 20
Price is approaching support where we could see a further upside above this level.
LTCUSD is approaching support, potential bounce | 28 Oct 2020
Price is approaching support where we could see a further upside above this level.
XAUUSD is seeing more upside in the near term!
XAUUSD is seeing more upside in the near term!
XAUUSD is seeing more upside in the near term!
XAUUSD is seeing more upside in the near term!
NZDUSD wait for Break below downside confirmation | 28 Oct 2020
A break below our downside confirmation could trigger a further drop