Price is consolidating in a parallel channel . We see a potential sell entry at 80.672 in line with 127.2% and 100% Fibonacci extension and 38.2% Fibonacci retracement towards our Take Profit at 80.133 in line with 61.8% Fibonacci retracement . Technical indicators are showing bearish momentum. Any opinions, news,...

Signal ID: 78321 Time Issued: Friday, 19 November 2021 01:00:15 GMT Status: open Entry: 114.178 - 114.462 Limit: N/A Stop Loss: 114.890 The Tidal Shift Strategy has just sold USDJPY at 114.32. The system recommends entering this trade at any price between 114.178 and 114.462. The signal was issued because...

Prices are on a bearish momentum and have recently broken out of our descending trendline. We see potential for dips from our 1st resistance at 123.433 in line with 61.8% Fibonacci retracement , 61.8 Fibonacci extension and graphical overlap towards our 1st support at 123.012 in line with 61.8% Fibonacci...

Price just broke out of the descending trend line and is near the buy entry price of 154.752 which is also 38.2% Fibonacci retracement and 127.2% Fibonacci projection . Price can potentially go to the take profit level of 156.256 which is also 61.8% Fibonacci projection . Our bullish bias...

GBPUSD Price is trading in a descending trendline and near the buy entry price of 1.35029 which is also 78.6% Fibonacci projection and 61.8%. Price can potentially go to the take profit level of of 1.36043 which is 50% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is...

Price is abiding to the ascending trendline support on the daily, signifying bullish momentum. We can expect price to bounce from the pivot level in line with 78.6% Fibonacci retracement and ascending trendline support towards 1st Resistance in line 78.6% Fibonacci projection and previous swing high. Our bullish bias is...

Price broke out the ascending trendline support (now resistance). We can expect price to drop from Pivot level in line with 23.6% Fibonacci retracement towards 1st Support in line with 38.2% Fibonacci retracement. Our bearish bias is further supported by RSI indicator abiding to the descending trendline. Any opinions, news,...

The strong USD and now a strong JPY, together with other market indicators suggest a rather strong wave of risk aversion rolling over markets here on spreading Covid restrictions in Europe and as we await the US Fed Chair nomination announcement and wonder to what degree it matters beyond a...

Today we run through some stark divergences as the US equity market posts new highs, noting weak breadth and other indicators that in the past have suggested higher risk of an episode of consolidation. We also look at interesting signs in the T-bill auctions that the market remains wary of...

Equity markets charged higher in the US session to close at new record highs, and the upside extended further in the futures market overnight. In FX, the recent USD strength eased slightly, while oil prices are creeping back higher despite the recent fears of strategic reserve releases. Markets are nervously...