The Breakout Opportunities system has just bought AUDJPY at 84.111. The system recommends entering this trade at any price between 83.851 and 84.256. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.395, suggesting that the AUDJPY may have further...

NZDUSD is facing bullish pressure as it continues to hold above the ascending trendline and moving average supports. We could see further upside above the Buy Entry level, in line with 61.8% Fibonacci retracement and 100% Fibonacci extension, towards Take Profit level, in line with 61.8% Fibonacci extension and horizontal...

Prices are approaching support level in line with horizontal overlap support, 61.8% Fibonacci retracement, and 127.2% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 100% Fibonacci extension. If prices continue to push up, the next target might be horizontal swing high resistance in line...

GBPUSD testing and reacting above 61.8% Fibonacci retracement level and key graphical overlap support at 1.39493. A further push up above our entry towards graphical swing high and long-term 61.8% Fibonacci retracement level at 1.40088 could be possible. Price is holding above moving average support and we also see that...

EURUSD drifted lower and is coming close to our entry where we have 50% Fibonacci retracement and also graphical overlap support at 1.19082. A short-term bounce towards our take profit at 1.20048 and Fibonacci confluence zone could be possible. Stochastic is also testing support where price bounced in the past...

USDCHF is showing a bullish breakout from the descending trendline resistance-turned-support, and Stochastics is also showing a possible bullish divergence with price. We could see further upside above Pivot, in line with 50% Fibonacci retracement and 127.2% Fibonacci extension, towards Take Profit level, in line with 76.4% Fibonacci retracement and...

NZDUSD is facing bullish pressure as it continues to hold above the ascending trendline and moving average supports. We could see further upside above the Buy Entry level, in line with 61.8% Fibonacci retracement and 100% Fibonacci extension, towards Take Profit level, in line with 61.8% Fibonacci extension and horizontal...

Today we look at another central bank hiking rates as the Czech central bank hiked 25 bps and guided hawkish, preview today's Bank of England meeting, which is seen likely to at least echo the Fed's shift at last week's FOMC meeting, and look at treasury market action ahead an...

US equities closed almost unchanged yesterday after a low-energy session and new all-time highs intraday for the Nasdaq 100 index. Trading ranges overnight in Asia were generally muted. Elsewhere, the US dollar stabilized late yesterday after the recent sell-off on another regional Fed president talking up rate hikes for 2022....

Crude oil continues higher with WTI and Brent both reaching levels last seen in 2018, thereby going against a recent trend of profit taking hitting other major commodities in metals and agriculture. While the energy sector remain supported by an ongoing recovery in global fuel demand and tightening supply, controlled...