AUDNZD has seen a bearish breakout below the ascending trendline support-turned-resistance and is now holding below the moving average resistance. We could see price reverse at Sell Entry, in line with 50% Fibonacci retracement, 61.8%, 100% Fibonacci extension, and horizontal pullback resistance, and drop further towards Take profit, in line...

NZDUSD is holding below the descending trendline resistance, and RSI is also approaching the upper resistance where it has reversed from before, indicating possible bearish pressure. We could see a reversal and further downside below Sell Entry, in line with 61.8% Fibonacci retracement, 100% Fibonacci extension, and horizontal pullback resistance,...

USDSGD currently facing bullish pressure above 38.2% Fibonacci retracement level and entry at 1.32533. With price holding above moving average, a short-term intraday push higher towards graphical swing high resistance and 61.8% Fibonacci extension level at 1.32773 could be possible. Any opinions, news, research, analyses, prices, other information, or links...

An interesting day yesterday that was out of synch with recent market behavior as US treasuries sold off sharply while tech and green transformation stocks rallied quite strongly on the day, posting new highs for the Nasdaq 100 and S&P 500 indices and suggesting little fear that the Fed is...

The major US equity indices surged to a new record level yesterday, with the Nasdaq 100 finally making a full comeback from the May sell-off. The strength in equities suggests a low level of fear that the Fed will come out with hawkish guidance at the FOMC meeting tomorrow. US...

This week's FOMC meeting will be an important focus for all assets. Although we expect the central bank to keep monetary policy unchanged, a rise in dot plot projections may signal hawkishness. It could provoke a fast surge of 10-year US Treasury yields back above 1.50%. Yet, there is potential...

A key week ahead as the Wednesday FOMC meeting could either spark a bit of volatility or set up the risk of the summer doldrums as many want to sit on their hands in avoiding drawing conclusions on the inflation outlook and possibly wait to see what US yields do...

Footonomics by Jakobsen & Garnry is about the serious and fun differences on macro and equities between two countries playing in the UEFA EURO 2020 tournament.Match: Spain vs Sweden Macro: La Furia Roja vs. Blågult Sweden takes a massive win on Misery Index (CPI + Unemployment + Budget deficit) with 13.1...

Gold has pulled back over the last few trading sessions and the Bollinger bands have narrowed (green rectangle). This would suggest an imminent expansion and a volatility increase. We note, that although Bollinger analysis is insightful with regard to volatility cycles it does not have much to say on price...

Futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, June 8. A week where U.S. equities climbed within a whisker of their all-time highs and Treasury yields continued their decline. The dollar traded close to unchanged while the Bloomberg Commodity...