Price is trading in a possible triangle pattern . Price can potentially drop from the sell entry price to the support of the triangle and Fibonacci level of 61.8% at a price of 150.213 . Our bearish bias is further supported by the 20 EMA as price is trading under...

NZDUSD is approaching our target entry 0.69474 in confluence with 78.6% Fibonacci extension and 127.2% Fibonacci extension . Price has the potential to bounce to our take profit at 0.70182 in line with 61.8% Fibonacci retracement , and parallel channel . Our stop loss is placed at 0.69147 in line...

Price is reacting above our pivot level at 1.96105, in-line with 38.2% Fibonacci retracement level, 100% Fibonacci extension and 200MA. Price could potentially drop to support at 1.92950, in-line with 100% Fibonacci retracement level, 61.8% Fibonacci extension level and swing low support. Stochastic is also indicating possible bullish momentum before...

Price has broken the daily descending trendline resistance (now support), signifying a bullish momentum. We can expect further upside on price if it breaks through the pivot level in line with 100% Fibonacci Projection , 61.8% Fibonacci retracement and previous swing high. Price is expected to ride the bullish momentum...

Price is reacting in between the pivot level and take profit level We can expect the price to bounce from the pivot in line with 100% Fibonacci Projection and horizontal swing lows towards the take profit level in line with 100% Fibonacci projection and horizontal swing highs. Our bullish bias...

FX volatility is picking up as US yields have posted a strong move higher over the past week and volatility in risky assets has spiked, particularly yesterday, but the rise is so far rather muted outside of a significant jolt to sterling yesterday. That could change if the US dollar...

GBPUSD is in the bearish area on the daily chart on the left. A bearish cross of EMAs and stochastic have aligned today's short-term traders with the daily. A movement of stochastic to 20 level and maintenance of that level increases the chance of a successful trade. Trend following indicators...

Further to yesterday's article, , UKOil has pulled back on the hourly. The left daily chart continues to show UKOil in the bullish area (upper blue - upper red). The hourly stochastic on the right has already crossed bullishly. If the EMAs cross to the upside that would be considered...

We have no idea where markets are headed, but yesterday saw a new capitulation of sorts in equity markets, particularly for interest rate sensitive stocks, which underperformed a broadly sold market. Key technical levels are dead ahead in the US S&P 500, including the pivot low of the prior sell-off...

The US equity market suffered its worst sell-off since May yesterday. Weakness was most pronounced in tech- and momentum stocks on the steep back-up in US treasury yields and with the recent spike in energy prices also crimping sentiment. Elsewhere, oil markets finally cooled with Brent off some three dollars...