Price is approaching our support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well in line with our bullish bias.

Price is approaching our support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well in line with our bullish bias.

Price is approaching our resistance in line with our horizontal pullback resistance where we could see a reversal below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.

Price is approaching our resistance in line with our horizontal pullback resistance where we could see a reversal below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.

Equities put in a strong performance yesterday and continued slightly higher overnight, in part on blowout Netflix results for Q4, while in China, Alibaba shares surged after former CEO Jack Ma made his first public appearance since the cancellation of the Ant Group IPO some four months ago. Today marks...

AUDUSD bouncing from key support !

AUDUSD bouncing from key support !

The Breakout Opportunities system has just sold USDJPY at 103.789. The system recommends entering this trade at any price between 103.674 and 103.858. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.846, suggesting that the USDJPY may have further...

Ethereum hit a new all-time high three years after the previous all-time high, although it is experiencing increasing competition from the now fourth-biggest cryptocurrency, Polkadot, which overtook XRP this weekend. Bitcoin is consolidating in the level between $37,000 and $38,000.Ethereum surpassed its previous all-time high Ethereum has had tremendous growth...

The agriculture sector remains bid with the latest extension being led by surging wheat prices after the introduction of a Russian export tax in order to curb a rise in domestic food prices triggered by the Covid-19 crisis. In 2011 surging wheat prices helped trigger social, political and economic upheavals...