The Congestion Opportunities Strategy has just bought EURUSD at 1.19936. The system recommends entering this trade at any price between 1.19809 and 1.20063. The signal was issued because the 28-hour Relative Strength Index indicates that the EURUSD may be overbought, while the Speculative Sentiment Index reading of -1.47206 indicates that...

The Tidal Shift Strategy has just sold AUDUSD at 0.76137. The system recommends entering this trade at any price between 0.75994 and 0.7628. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.13735, which suggests that...

The FOMC meeting surprised markets as the median Fed forecast for the rate path drifted well into 2023, while the economic forecasts for inflation were revised sharply higher for this year and only very modestly higher for 2022 and 2023. In reaction, the US treasury market reacted strongly with a...

Overnight US equities fell, the dollar, which was primed for a bounce gained, and bond yields traded higher with markets digesting a more hawkish than anticipated Fed meeting. Overnight US equities fell, the dollar, which was primed for a bounce gained, and bond yields traded higher with markets digesting a...

During the past week, several positive Bitcoin-specific headlines caused Bitcoin to shine performance-wise when compared to other major cryptocurrencies. Meanwhile, the demand for regulative clarity around cryptocurrencies is increasing.Bitcoin outperforming altcoins Over the past week, the price of Bitcoin has increased by more than 10 %, whereas most of the...

Correlation between equities and bonds has recently increased and mentioned a lot by market participants, but the overall correlation fails to describe the most critical aspect, namely in the correlation during equity stress.These days many commentators are declaring the death of the “60-40 portfolio”, which is 60% in equities and...

The Fed has a difficult task at this meeting if it wants to avoid both upsetting the markets with more hawkish guidance and a new speculative rush if it totally fails to adjust its policy guidance and economic forecasts. In that regard, the Fed may not be able to avoid...

Crude oil remains in demand on a supportive combination of rising demand and OPEC+ keeping supplies tight while pockets of weakness has emerged in precious and especially industrial metals, as well the agriculture sectors. With the oil market once again talking about the prospect for $100 per barrel crude, speculators...

Today we preview a possibly pivotal FOMC meeting if the Fed decides it is time to surprise the market on the hawkish, while we also recognize the risk that the meeting may do little to jolt this market. We also look into likely drivers of the sharp weakness in Chinese...

Equity markets took a breather yesterday ahead of the important FOMC meeting later today, where investors will look for the latest Fed observations on inflation and any hint of growing discomfort after remarkable spikes in US inflation data of late. Any hawkish shift from the Fed could unsettle a very...