USDCHF facing bearish pressure | 4 May 2021

USDCHF is facing bearish pressure from 100% Fibonacci extension and 127.2% Fibonacci retracement . Prices might push down towards horizontal swing low support in line with 38.2% Fibonacci retracement and 50% Fibonacci extension . If prices push up towards, prices might face resistance from horizontal swing high resistance in line...

USDCHF facing bearish pressure | 4 May 2021

USDCHF is facing bearish pressure from 100% Fibonacci extension and 127.2% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 38.2% Fibonacci retracement and 50% Fibonacci extension. If prices push up towards, prices might face resistance from horizontal swing high resistance in line with 161.8%...

Market Quick Take – May 4, 2021

US equities sold off yesterday after attempting to rally earlier in the day, with the Nasdaq 100 index now pushing down near three-week lows in futures trading overnight. Speculative names were worst hit. Elsewhere, bonds rallied in the wake of US data despite a record high ISM Manufacturing Prices Paid...

Fixed income market: the week ahead

This week it's all about job data and how any surprise may push US Treasury yields higher. Strong inflationary pressures combined with a fast jobs recovery may lead the Federal Reserve to taper earlier than expected. Nevertheless, if the central bank doesn't taper, the market might run into a monetary...