AUDCHF holding above ascending trendline support. Technical indicators showing room for further bullish momentum as well. A further push up above our entry at 0.65836 towards our take profit level at 0.66589 could be possible. Our profit level is also a Fibonacci confluence zone where we have long term 50%...

Price is approaching our pivot level at 1,796.49 which is in line with -27.2% Fibonacci retracement level and 78.6% Fibonacci extension level and horizontal overlap resistance. Price could potentially drop towards support at 1,761.94, in line with 23.6% Fibonacci retracement level , 61.8% Fibonacci extension level and 50MA. Stochastic is...

USDCAD facing bullish pressure above our entry at 1.25991. After having dropped so strongly, price is now due for a rebound above 78.6% Fibonacci retracement level. Stochastic is also testing support where price bounced in the past with a possible upside take profit level at 1.26909. Any opinions, news, research,...

Price is approaching above pivot level at 1.36427 which is in line with 50% Fibonacci retracement level and 100% Fibonacci extension . Price may potentially drop towards our support at 1.36750, which coincides with 38.2%, 50% Fibonacci retracement level and 20EMA. Stochastic is also at descending trendline resistance where previous...

GBPAUD holding below descending trendline resistance. With technical indicators showing room for further bearish momentum, a short term drop below our entry at 1.90225 towards our profit level where we have long term 61.8% Fibonacci retracement at 1.89122 could be possible. Any opinions, news, research, analyses, prices, other information, or...

Price level just bounced off the pivot level and price is expected to rise upwards to the previous swing high in line with the 78.6% Fibonacci retracement and 61.8% Fibonacci extension . Our bullish bias is further supported by the stochastic indicator bouncing off the strong support moving towards the...

Price is reacting below our pivot level at 0.69000 which is in line with 38.2% Fibonacci retracement level and horizontal overlap resistance. Price could potentially pull-back to support at 0.68550 which coincides with 38.2%, 50% Fibonacci retracement level and 20EMA. Stochastic is also at descending trendline resistance for a possible...

Today we look at the steep market comeback yesterday, in part stoked by a sharp recovery in sentiment in China, but the sources of the sharp upside in the US are a bit murky and may have been aggravated by thin liquidity. Today we delve into the treasury market outlook...

US equities exploded to new all-time highs, at least if the focus is on the S&P 500 Index and especially the Nasdaq 100 Index, which had been rangebound for weeks. Some of the credit for the move was given to the full approval of the Pfizer vaccine in the US,...

Another hacker was active this week hacking a Japanese exchange for more than $90mn worth of cryptocurrencies. Meanwhile, the US State Department started to offer rewards paid in cryptocurrencies for information about hackers targeting US infrastructure. Lastly, Robinhood got increasingly dependent on cryptocurrency trading in Q2 to generate revenue.Hack costs...