AUDJPY Facing bullish pressure | 31 Aug 2021

AUDJPY holding above short term ascending trendline support. With technical indicators showing room for further bullish upside, a further push up above our entry at 80.348 towards graphical swing high, Fibonacci confluence zone at our take profit level of 81.584 could be possible. Any opinions, news, research, analyses, prices, other...

EURUSD Facing Bearish pressure | 31 Aug 2021

EURUSD capped below descending trendline resistance. A short term drop below our entry at 1.18515 towards 61.8% Fibonacci retracement and our take profit level at 1.17271 could be possible. Stochastic indicator is also testing resistance where price dropped lower in the past. Any opinions, news, research, analyses, prices, other information,...

USDCHF Facing Bearish pressure | 31 Aug 2021

USDCHF is holding below descending trendline resistance. A short term intraday drop below our entry at 0.91751 towards graphical swing low and take profit level at 0.91001 could be possible. Stochastics is reacting below resistance where price pulled lower in the past. Any opinions, news, research, analyses, prices, other information,...

GBPUSD is at pivot, potential for drop

Price is approaching pivot level at 1.37725 which is in line with 61.8% Fibonacci retracement level , 78.6% Fibonacci extension and descending trendline resistance. Price may potentially drop to support at 1.36020 which is in-line with 100% Fibonacci retracement , 78.6% Fibonacci extension level and swing low support. Stochastic is...

Macro Dragon: Snowflake Powell, +$2T US Taxpayers Flushed Dollars & Exit Afghanistan, HK Equities, US Duration, Gold

Macro Dragon = Cross-Asset Quasi-Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...