The London update is one step closer to launch on the Ethereum network after being deployed on a testnet. The update will make transaction fees more predictable and burn a part of the fee, to the frustration of miners. From London to a country nearby, a German law comes into...

This week's focus will be on the FOMC minutes. The report could show growing divergence concerning the transitory nature of inflation among members, pushing forwards tapering expectations. The summer lull will keep US Treasury yields rangebound. However, August will be pivotal as there are increasing doubts regarding an extension of...

The below summary highlights futures positions and changes made by hedge funds across commodities, forex and financials up until last Tuesday, June 29. A week where risk-on courtesy of stable Treasury yields and an unchanged dollar helped U.S. stocks to fresh record highs. Commodities generally traded higher thereby supporting speculative...

A U.S. holiday shortened week has kicked off on a quiet note after the S&P 500 on Friday managed to hit another record. In addition, Treasury yields, and the dollar softened after the US job report eased concerns about the Fed's hawkish pivot. Overnight some focus on China where the...

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...

GBPJPY is approaching horizontal swing low support in line with 50% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension . If prices continue to push down, prices might take support on horizontal...

CHFJPY is facing bullish pressure as it holds above moving average and ascending trendline support. We could see a bounce at Buy Entry, in line with 38.2% Fibonacci retracement and 78.6% Fibonacci extension , and further rise towards Take Profit, in line with 78.6% Fibonacci extension and horizontal swing high...

USDCAD is facing bullish pressure as it holds above the moving average and ascending trendline support. We could see price bounce at Buy Entry, in line with 38.2% Fibonacci retracement , 61.8% Fibonacci extension and horizontal pullback support, and further rise up above ascending trendline support, towards Take Profit, in...

Prices are approaching support which is in line with horizontal swing low support, 61.8% Fibonacci retracement and 161.8% Fibonacci extension . Prices might push up towards horizontal overlap resistance in line with 100% Fibonacci extension . If prices push down, prices might take support on horizontal swing low support in...

GBPCAD approaching horizontal swing high resistance in line with 50% Fibonacci retracement and 78.6% Fiboancci retracement. Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci extension . If prices continue to push up, prices might face resistance from 78.6% Fibonacci retracement and 161.8% Fibonacci extension...