Price is facing bearish pressure from our 20 EMA and Ichimoku cloud where we could see a further downside below this level.
ETHUSD is facing bearish pressure | 9 Sep 2020
Price is facing bearish pressure from our 20 EMA and Ichimoku cloud where we could see a further downside below this level.
Italian Sovereigns? No Grazie
Recession, economic stagnation and an unstable Italian government are some of the reasons why one shouldn't be happy to hold BTPs at record low yields. As volatility remains high, it is crucial to take a short-term stance on these instruments and actively trade them.Whether you are looking to get a...
Unemployment matters more than you think
Many labor market statistics highlight that the underlying trends in many U.S. economic sectors are still deteriorating.The BLS’s unemployment report draw a lot of attention past week, especially the headline figure that showed the official unemployment rate (called U-3) slowed at 8.3% vs est 9.8%. This massive monthly drop has...
Breakout Identified in AUDJPY
The Breakout Opportunities system has just sold AUDJPY at 77.262. The system recommends entering this trade at any price between 77.084 and 77.349. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.431, suggesting that the AUDJPY may have further...
FX Update: GBP beating a retreat, USD pressing its case
The USD has pressed beyond resistance levels in a select few G10 pairings, but the big ones are holdouts, especially EURUSD as we await the ECB meeting on Thursday and whether Lagarde and company can move the needle. Elsewhere, sterling is finally showing a more determined weakening on Brexit concerns...
A tale of two different European equity markets
European equities are the worst performing segment in the global equity market this year reflecting the poor quality of companies and a continent in trouble as the rebound is being jeopardized by impotent measures and a resurgence in COVID-19 cases.In today’s Saxo Market Call podcast, we talked about how emerging...
EURUSD could pullback to 50% fib retracement and drop from there
EURUSD could pullback to 50% fib retracement and drop from there! 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...
EURUSD could pullback to 50% fib retracement and drop from there
EURUSD could pullback to 50% fib retracement and drop from there! 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...
BTC bounced from support, potential for further rise|8th Sep 20
BTC bounced off 10081.00 where it could potentially rise further to 11118.00 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks