Price is facing bullish pressure where we could see a further upside above this level. Stochastic is approaching support as well where we could see a bounce above this level.

USDCHF broke above upside confirmation !

USDCHF broke above upside confirmation !

Today, we take a crack at breaking down the market action of the last few days and especially why the most-shorted-stock basket is negatively correlated with the broader market, while also making the case that a fading away of the short squeeze phenomenon may not necessarily lead to quieter markets...

Price is testing our first resistance in line with our horizontal pullback resistance and fibonacci confluence levels where we could see a further drop below this level. Stochastic is approaching resistance where we could see a drop below this level as well.

ETH bounced off 1237 where it could potentially rise further to 1446.1 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks

A volatile session yesterday for US stocks as retail brokers limited trading in stocks at the center of the short squeeze phenomenon, resulting in wild swings in those names and at first supporting risk sentiment as many of these stocks fell, although later the mood soured somewhat into the close...

ETH bounced off 1237 where it could potentially rise further to 1446.1 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks

USDJPY is facing bullish pressure from key support level !

USDJPY is facing bullish pressure from key support level !