The Breakout Opportunities system has just sold AUDJPY at 82.468. The system recommends entering this trade at any price between 82.324 and 82.685. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.228, suggesting that the AUDJPY may have further...

Price is approaching resistance at 1.69097 where we may potentially see price push down towards 61.8% and 78.6% Fibonacci Extension . If price continue to bounce from the pivot , we would see It swing towards 78.6% Fibonacci Retracement and 100% Fibonacci Extension Any opinions, news, research, analyses, prices, other...

Growth stocks have reached dot-com valuation premium levels against value stocks and the Q2 earnings season is knocking on the door, while investors are waiting for the Robinhood IPO.This will be second last equity update before a three-week vacation aimed to recharge the batteries. Today’s first subject is the classic...

US equities post another new record yesterday with the second straight session of most of theme baskets declining suggesting that gains were driven by the "boring" stocks. FOMC Minutes suggested yesterday that the Fed is considering earlier tapering of bond purchases and China's State Council is considering lowering rates to...

U.S. stocks trade softer after seeing both the S&P 500 and Nasdaq 100 close at all-time highs yesterday after the FOMC minutes showed policymakers continued to see elevated uncertainty while also discussing the tapering of debt purchases used as fuel to stimulate the economy. The dollar trades mixed while Ten-year...

A 5% top to bottom plunge in oil prices yesterday took more steam out of the inflation trade sending the US 10-year yield down to February levels. The move caused Russell 2000 to decline and fueled a rally in Nasdaq 100 to a new all-time high. In equities, the big...

Asian stocks traded mixed overnight after the S&P 500 failed to reach another closing record high while Amazon pushed the Nasdaq higher. Treasuries holding onto yesterday's advance which saw yields drop to February lows on concerns about the strength of the economic recovery, fast spreading virus variants and China's scrutiny...

Didi shares are down 20% in pre-market trading as Chinese regulators have ordered the company's app to be removed app stores over national security concerns over how the company handles privacy data of its users.Didi Global, the Chinese version of Uber, was the second biggest Chinese IPO following Alibaba and...

While US technology stocks made a new all-time high risks are lurking beneath the surface with oil and natural gas prices marching ahead driven by OPEC+ decision to not increase production and limited supply of LNG to Europe while a number of gas pipelines are under maintenance. These price rises...

Asian stocks were mixed overnight with US Treasuries trading softer and gold higher in response to rising oil prices after OPEC+ was plunged into crisis after failing to agree on a production increase from August. The dollar traded softer led by the AUD after the RBA slowed its pace of...