The Breakout Opportunities system has just sold USDJPY at 103.666. The system recommends entering this trade at any price between 103.552 and 103.729. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.747, suggesting that the USDJPY may have further...
Earnings Watch: Can Tesla growth continue to support valuation?
In today's Earnings Watch we look at the most important earnings to watch this week with Tesla probably being the biggest show in markets as the meteoric rise in Tesla market value is setting the bar high for not disappointing.The Q4 earnings season is in full swing with around 70...
Podcast: Big week ahead for earnings, macro
Today, we delve into the market's positive start to the week and the blitz of big earnings reports ahead, including Wednesday's bonanza of US megacaps reporting. Also, a wrap of the huge correction in the grains market last week and whether it marks a trend change, what is driving the...
COT: Grain longs cut ahead of price correction
Positions and changes made by hedge funds across commodities, forex, bonds and stock index futures during the week to January 19Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the...
AUDUSD is approaching support, potential bounce | 25 Jan 2021
Price is approaching support where we could see a bounce here.
AUDUSD is approaching support, potential bounce | 25 Jan 2021
Price is approaching support where we could see a bounce here.
Fixed income market: the week ahead
We expect a dovish FOMC meeting on Wednesday, which will most likely fail to slow down the yield curve's steepening as inflationary pressures become evident by the day. In Europe, Italy faces another government crisis as a Senate vote on Wednesday has become key for Conte's government's survival. Meanwhile, Italy's...
Market Quick Take – January 25, 2021
Equities finished last week with a somewhat wobbly session, but this week is off to a strong start, with most Asian indices up smartly to start and US futures near or at new record highs. In the US, the path to the Biden stimulus plan looks complicated by a unified...
USDJPY is facing bearish pressure, potential for more downside.
USDJPY is facing bearish pressure, potential for more downside.
USDJPY is facing bearish pressure, potential for more downside.
USDJPY is facing bearish pressure, potential for more downside.