Prices are facing bullish pressure from ascending trendline support and horizontal swing low support in line with 100% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push up towards -61.8% FIbonacci retracement and 127.2% Fibonacci extension . If prices push downwards, prices might take support from horizontal support in...

Prices are facing bullish pressure from ascending trendline support and horizontal swing low support in line with 100% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards -61.8% FIbonacci retracement and 127.2% Fibonacci extension. If prices push downwards, prices might take support from horizontal support in line with...

Prices are approaching resistance where we could see a reversal below this level.

Prices are approaching resistance where we could see a reversal below this level.

Futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, April 27. A week where U.S. index futures resumed their ascent, the dollar continued lower while US Treasury yields ticked higher, but staying within their established ranges. Commodities surged higher led...

Global earnings have hit a fresh new all-time high as earnings are rebounding at a blistering pace. We take a look at earnings and what to expect this week.As we said last week on our daily morning podcasts, earnings estimates have been too conservative, and companies are across the board...

The Breakout Opportunities system has just bought AUDJPY at 84.624. The system recommends entering this trade at any price between 84.5 and 84.778. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.266, suggesting that the AUDJPY may have further...

Today we look at the ugly session on Friday for equities and strong session for the US dollar and ponder whether this was a reflection of end-of-month rebalancing after a strong month for equities and very weak month for the US dollar or something more ominous. Certainly momentum in equities...

Friday saw an ugly session in US equities that more than erased the gains of the previous day, though US futures action overnight to start the week was more upbeat and some may point to end of month flows after a strong April performance for equities. Everywhere, however, the focus...

Prices are facing bearish pressure where we could see a furhter downside below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.