The euro is flattish after an indifferent ECB that unfolded largely as expected, while the US dollar has rolled over the weak side overnight and into this morning on falling Treasury yields and the risk sentiment boost from a long phone call between Presidents Xi and Biden. Today the focus...
Possible trend shift in NZDUSD – going short
Signal ID: 77512 Time Issued: Thursday, 09 September 2021 09:00:16 GMT Status: open Entry: 0.70971 - 0.71237 Limit: N/A Stop Loss: 0.71637 The Tidal Shift Strategy has just sold NZDUSD at 0.71104. The system recommends entering this trade at any price between 0.70971 and 0.71237. The signal was issued because...
Breakout Identified in EURJPY
Signal ID: 77525 Time Issued: Friday, 10 September 2021 07:17:15 GMT Status: open Entry: 130.013 - 130.266 Limit: 130.681 Stop Loss: 129.669 The Breakout Opportunities system has just bought EURJPY at 130.127. The system recommends entering this trade at any price between 130.013 and 130.266. The signal was issued because...
CADJPY Short burst of bullish momentum | 10th Sep 2021
Price is holding below the descending trendline resistance however, we are expecting price to have a short burst of bullish momentum towards the trendline resistance. We can expect price to bounce from the pivot level in line with the 50% Fibonacci retracement and graphical overlap support and push towards the...
USDCHF is facing Bullish Pressure |10 Sept 2021
Price has recently touched our ascending trendline and rebounded at our pivot at 0.91680 which is in line with 61.8% Fibonacci retracement level. We believe that it could potentially go up to our area of take profit at 0.91993 in-line with 61.8% and 23.6% Fibonacci retracement level. Alternatively if prices...
CADCHF potential short term bullish momentum | 10th Sep 2021
Price is seen to be holding below descending trendline resistance, however we are expecting a short term bullish burst to the trendline resistance. We are expecting price to retrace back to the pivot level ,in line with the 50% Fibonacci retracement level and 61.8% Fibonacci extension level, and bounce back...
AUDUSD is facing Bullish Pressure | 10 Sept 2021
Price is hovering at our pivot level at 0.73795 which is in line with 38.2% and 23.6% Fibonacci retracement level. With price testing several times on the middle of the Bollinger Bands , we believe that it could potentially go up to our take profit at 0.74629 at 109.120, in-line...
XAUUSD is approaching pivot, potential for bounce!
Price is approaching pivot level at 1,787.81 which is in line with 38.2% Fibonacci retracement level, 161.8% Fibonacci extension level and horizontal overlap support. The price could potentially swing towards resistance at 1,832.20 which coincides with 100% Fibonacci retracement level, 61.8% Fibonacci extension level and horizontal overlap resistance. Stochastic is...
USDJPY broke trendline support, potential for drop!
Price is approaching our pivot level at 109.940 which is in line with 38.2% Fibonacci retracement level, trendline and moving averages resistance. Price could potentially drop to support at 109.120, in-line with -61.8% Fibonacci retracement level and 61.8% Fibonacci extension level. Alternatively, price may swing towards resistance at 110.140, in-line...
Yields drop on ECB, US T-bond auction. Eyeing India
Today we look at the boost to sentiment after a weak session in the US yesterday as China's Xi and US president Biden spoke on the phone late yesterday. Elsewhere, yields have dropped sharply after a relatively dovish ECB and another strong US treasury auction, this time the 30-year T-bond....