The Federal Reserve meeting, stimulus bill talks and PMI data will dictate US Treasuries' performance this week. The market is expecting the Fed to increase its purchases of long-term bonds to slow down the rise in yields. To add pressure to Treasuries could be an unsuccessful stimulus bill and worse...
Breakout Identified in EURUSD
The Breakout Opportunities system has just bought EURUSD at 1.21506. The system recommends entering this trade at any price between 1.21394 and 1.21668. The signal was issued because the EURUSD has broken its 24-hour high while our Speculative Sentiment Index was at -3.02174, suggesting that the EURUSD may have further...
Podcast: Energy sector ready to rip in 2021? FOMC preview.
Today we tease an upcoming Webinar we are hosting tomorrow discussing the prospects for the energy sector from here as this important sector may have reached a kind of absolute low in 2020 from crashing oil prices and investor neglect. We also preview this Wednesday's FOMC meeting, discuss the incredible...
COT: Speculators bet on a continued commodity rally in 2021
Positions and changes made by hedge funds across commodities, forex, bonds and stock index futures during the week to December 1.Saxo 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...
Market Quick Take – December 14, 2020
The week is getting off to a cautious start after a choppy session in the US on Friday and a more distinctly downbeat session in Europe. Looking ahead to the event risks this week, the Wednesday US FOMC meeting stands out as the key event risk, together with prospects for...
AUDJPY is likley to bounce further from support level !
AUDJPY is likely to bounce further from support level ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and...
AUDJPY is likley to bounce further from support level !
AUDJPY is likely to bounce further from support level ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and...
NZDUSD bounced from pivot, potential for rise!
NZDUSD has bounced from our buy entry in line with 76.4% and 38.2% fibonacci retracement level where price could potentially reach our take profit target. MACD is above 0 and showing bullish momentum as well.
NZDUSD bounced from pivot, potential for rise!
NZDUSD has bounced from our buy entry in line with 76.4% and 38.2% fibonacci retracement level where price could potentially reach our take profit target. MACD is above 0 and showing bullish momentum as well.
The digital future of banking
Disruption in the financial services industry continues to happen at a rapid pace. Last week, the Monetary Authority of Singapore issued 4 entities with digital bank licenses that will allow them to conduct digital banking businesses in Singapore...This service is not entirely new though. Countries like the UK, Japan, US...