The Tidal Shift Strategy has just bought AUDJPY at 80.362. The system recommends entering this trade at any price between 80.239 and 80.485. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.01, which suggests that...
FX Update: A not so peaceful, uneasy feeling
Summary: FX moves were muted yesterday relative to the histrionics in US equities, but the sense of caution was palpable, with the US dollar and Japanese yen rising as volatility spiked and US treasury yields diving sharply in what looks like a bout of safe haven seeking. A PBOC check...
Historic short squeeze in US stocks and semiconductor constraints
A group of the most shorted US stocks experienced a historic short squeeze yesterday forcing a respected hedge fund into rescue mode to survive. We go through yesterday's crazy session.Yesterday was an unusual day in US stocks due to the multiple short squeezes in many of the most shorted US...
Podcast: The wheels are coming off
Today, we look at yesterday's mini flash crash in US equity markets and the activity in the retail space - and undoubtedly amplified by other sharp market operators - that is driving an enormous squeeze on the most shorted equity names, most spectacularly yesterday in GameStop. It is a dangerous...
GBPJPY is facing bearish pressure | 26 Jan 2021
Price is facing bearish pressure from our resistance in line with our graphical level and fibonacci confluence levels, where we could see a drop below this level.
GBPJPY is facing bearish pressure | 26 Jan 2021
Price is facing bearish pressure from our resistance in line with our graphical level and fibonacci confluence levels, where we could see a drop below this level.
BTC to reverse, potential drop! |26 Jan 2021
BTC to reverse from its downside confirmation at 30800 where it could potentially drop further to 25772. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BTC to reverse, potential drop! |26 Jan 2021
BTC to reverse from its downside confirmation at 30800 where it could potentially drop further to 25772. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Market Quick Take – January 26, 2021
Equity markets are slightly traumatized after a zany session yesterday on Wall Street, with retail traders launching coordinated attacks on the widely shorted company Gamestop. As well, Italian Prime Minister Conte resigned yesterday, though this will not necessarily lead to new election. In the US, President Biden declared himself open...
USDJPY is facing bearish pressure, potential for more downside.
USDJPY is facing bearish pressure, potential for more downside.