GBPUSD is facing bullish pressure and is likely to hold above horizontal swing low support, in line with -61.8% Fibonacci retracement and 127.2% Fibonacci extension. We expect prices to increase to horizontal swing high resistance, in line with 161.8% Fibonacci extension and 127.2% Fibonacci retracement. Alternatively, if prices break below...

NZDJPY facing bearish pressure and is likely to hold below sell entry which coincides with the descending trendline, 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Price is likely to take support at horizontal swing low support which coincides with 61.8% Fibonacci extension . Stochastic is likely to hold below...

Price broke down from ascending trendline where we could potentially see the price drop to first support, in-line with 78.6% Fibonacci retracement and 100% Fibonacci extension . If the price bounce from this level, price will swing towards 1st resistance, in-line with 61.8% and 100% Fibonacci extension . Any opinions,...

Prices are approaching 1st resistance, in line with horizontal overlap resistance, 61.8% Fibonacci extension level. Prices might reverse off to 1st support, in line with the horizonal swing low support, 161.8% Fibonacci retracement and 161.8% Fibonacci extension levels. If prices surpass the descending trendline resistance, it may face resistance from...

USDCHF Broke out of descending trendline resistance (now support) to the upside. This shows that there is now fresh bullish pressure that is pushing price higher. With technical indicators showing room for further bullish momentum as well, we see a further push up above our entry at 0.91651 towards Fibonacci...

CADJPY facing bearish pressure below graphical overlap resistance and 38.20% Fibonacci retracement at 87.543. With technical indicators showing room for further bearish momentum, a drop towards our take profit and Fibonacci confluence zone at 86.669 could be possible. Any opinions, news, research, analyses, prices, other information, or links to third-party...

The Tidal Shift Strategy has just bought USDCAD at 1.25862. The system recommends entering this trade at any price between 1.25671 and 1.26053. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.48095, which suggests that...

The Trend Follower Strategy has just sold GBPJPY at 151.873. The system recommends entering this trade at any price between 151.628 and 152.118. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.552. This suggests that the GBPJPY could be trending downwards.The 14-period...

Latest Macro Dragon Reflections, airs the eventual pathway that all countries need to take on, in the perpetual campaign against Covid-19. Perhaps it is time for a final end of the Hammer & Dance Strategy, & just step through the imperfect Covid-Gateway. We need to start to take the 2nd,...

Yesterday saw an uninspiring session in US equities, with the major averages closing lower on the day while small cap and value stocks were quite weak, perhaps in part on falling yields at the long end of the US yield curve. Those lower yields inspired fresh yen strength and a...