This week's 10 and 30-year Treasury auctions priced weaker as inflation expectations rise sensibly with the five-year forward inflation swap breaking overhead resistance. Consumer prices might already be higher than CPI's figures because the basket of goods that people need today is much more expensive than one year ago. We...
Breakout Identified in USDCHF
The Tidal Shift Strategy has just sold EURAUD at 1.63951. The system recommends entering this trade at any price between 1.63761 and 1.64141. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.12566, which suggests that...
USDJPY is facing bullish pressure
Price is facing bullish pressure where we could see a bounce above this level.
USDJPY is facing bullish pressure
Price is facing bullish pressure where we could see a bounce above this level.
Will the consumer goods bonanza continue?
Retail sales in the US and Europe have catapulted to new records as consumers have increased spending as the Covid-19 shock as alleviated. Less spending on travel, leisure activities and gasoline is being diverted to general consumer goods excluding big-ticket items such as cars.August retail sales in both the US...
AUDUSD trendline breakout , possible upside from here !
AUDUSD trendline breakout , possible upside from here ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave...
AUDUSD trendline breakout , possible upside from here !
AUDUSD trendline breakout , possible upside from here ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave...
Market Quick Take – October 9, 2020
Another positive session for equities yesterday and overnight as the US S&P 500 posted another new local high. After a swift move lower early this week, US treasuries have failed to weaken further after large auctions of the 10-year and 30-year treasuries in recent days. The onshore Chinese yuan rate...
FX Update: USD still quiet, but surely GBP set to heat up
It is difficult to craft any cogent narrative for the US dollar at the moment based on near-term and longer-term stimulus prospects and election outcomes, but surely we are set for a directional move in sterling soon of some magnitude as the October 15 Boris Johnson deadline for Brexit negotiations...
NZDUSD is approaching resistance, potential reversa
Price is facing bearish pressure and we could see a reversal below this level.