The crypto market extends gains as US regulators approve the first Bitcoin ETF based on futures. In today's crypto weekly we also take a look at the stablecoin issuer Tether which is once again in the media spotlight. The crypto market hits an all-time high In terms of prices, the...
FX Update: Hawkish Powell speech jolts rate expectations, but little else.
A speech on Friday from Fed Chair Powell jolted the expected time frame for Fed rate lift-off forward, although it did little for the US dollar outside of a bit of stabilization, and the JPY is near the top of the two-week range against the US dollar as long US...
AUDUSD is on a bullish momentum! | 25th Oct
Price is abiding to an ascending trendline. We see a potential entry at 0.74526 in line with 1.618 Fibonacci extension towards our Take Profit at 0.75678 in line with 161.8% Fibonacci extension . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to...
Possible trend shift in EURAUD – going long | 25th Oct
Signal ID: 77970 Time Issued: Monday, 25 October 2021 04:00:16 GMT Status: open Entry: 1.55534 - 1.56004 Limit: N/A Stop Loss: 1.54831 The Tidal Shift Strategy has just bought EURAUD at 1.55769. The system recommends entering this trade at any price between 1.55534 and 1.56004. The signal was issued because...
GBPUSD potential for futher uptrend | 25th Oct
Price is currently trading in an ascending channel and near buy entry price of 1.37831 which is also 50% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially continue its uptrend to the take profit level of 1.38480 which is 78.6% Fibonacci projection . Our bullish bias is supported...
GBPJPY is on a potential for short pullback! | 25th Oct
Prices had been abiding to an ascending trendline. We spot a potential for pullback from our pivot at 156.825 in line with 127.2% Fibonacci extension and graphical overlap towards our Take Profit at 155.963 23.6% Fibonacci retracement and 61.8% Fibonacci extension which is also a graphical swing high. Technical indicators...
EURUSD potential for further upside | 25th Oct
Price is currently trading in an ascending channel and is near buy entry price of 1.16658 which is also 38.2% Fibonacci retracement . Price can potentially continue its bullish uptrend to the take profit level of 1.17459 which is also 100% Fibonacci projection and 61.8% Fibonacci retracement . Our bullish...
AUDCHF bullish momentum | 25th Oct 2021
Price is holding above the daily ascending trendline, signifying a bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection , 38.2% Fibonacci retracement and graphical overlap support and push towards the take profit level in line with 61.8% Fibonacci projection and...
USDJPY potential bearish pressure | 25th Oct 2021
rice have broke downwards from the channel, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 23.6% Fibonacci retracement towards the take profit level in line with 50% Fibonacci retracement . Our bearish bias is further supported by the RSI indicator where...
EURJPY is on a bearish momentum 25th Oct.
Prices are consolidating in a triangle on the daily chart . We spot a potential entry at 132.32 in line with 23.6% Fibonacci retracement towards our Take Profit at 131.281 which is in line with an area of Fibonacci confluences and also a graphical overlap. Technical indicators are showing bearish...