EURCAD is approaching Buy Entry, in line with 38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support, and moving average support. We could see a bounce and further rise towards Take Profit level, in line with 127.2% Fibonacci extension and horizontal swing high resistance. Price is also holding above moving...

CADCHF has seen a bearish breakout from the ascending trendline support-turned-resistance, and is now holding below the descending trendline and Ichimoku cloud resistances. We could see a potential reversal at Sell Entry, in line with 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal pullback resistance, and further drop towards Take...

GBPAUD is facing bullish pressure, as it continues to hold above ascending trendline and moving average support, in line with our bullish bias. We could potentially see price bounce at Buy Entry, in line with 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension and horizontal pullback support, and rise towards Take...

Today we look at the energy coming out of the inflationary narrative in the markets, particularly as commodities prices have calmed recently, but as also noted in patterns in the US yield curve and in FX. Also, a deeper look at the status of the antitrust threat for megacaps after...

Another surge in US equities sees new highs in the major indices, with Asia slightly mixed to positive overnight. Japan has been weighed down slightly by the stronger Japanese yen, which has managed to keep pace with a new firming in the US dollar. Gold, meanwhile, punched to new local...

XAUUSD is in the bearish area as per the daily chart on the left. Furthermore, the hourly has been savaged to the downside. However, the RSI puts the hourly firmly in oversold territory. This skews the risk:reward profile as the oscillator is likely to normalise in the near term. We note that bounces may...

Intellia's breakthrough result on its gene editing technology could be a game changer for the future of disease treatments and our NextGen Medicine theme basket.Back in January we launched our NextGen Medicine theme basket consisting of 30 companies within what we call the frontier of biotechnology. There is the mature...

We are finally getting a follow up dose of USD strength after the currency spent all of last week consolidating back to the weak side in the wake of the sharp surge from the FOMC meeting of the prior week. The ability of the US dollar to even hold up...

Gold's post FOMC struggle continues with record highs in US stocks, recovering crypto currencies, easing inflation expectations and a dollar trading on the strong side, all playing their part in reducing investment appetite. We take a closer look at the technical setup and the new Basel III regulations and the...

GBPUSD is holding below long term descending trendline. However, price is right now testing a key support level at 1.38590. We see a possible scenario where price will face bullish pressure above this support for a strong intraday bounce towards Fibonacci confluence zone at 1.38998. Our Fibonacci confluence zone has...