Price has reversed from our sell entry towards our first support. Stochastics is facing bearish pressure as well.
NZDCAD facing bearish pressure, potential for drop!
Price has reversed from our sell entry towards our first support. Stochastics is facing bearish pressure as well.
Breakout Identified in AUDUSD
The Breakout Opportunities system has just bought AUDUSD at 0.7562. The system recommends entering this trade at any price between 0.75352 and 0.75766. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -3.42613, suggesting that the AUDUSD may have further...
Much ado about nothing: the European Central Bank fails to boost the periphery
European sovereigns fell even though the ECB delivered more than expected. The market is failing to see that more stimulus is ahead as the central bank will need to continue to stimulate the economy to revive inflation. However, the good news is coming from the EU Summit as Hungary and...
Big tech regulation heats up on both sides of the Atlantic
Technology regulation is galloping faster and faster with FTC's lawsuit against Facebook and a new EU draft regulation on very large technology platforms. If you are an investor in a major technology company you should pay attention.Facebook shares were down 2% yesterday as the FTC (the US Federal Trade Commission)...
LTCUSD is approaching support, potential bounce | 10 Dec2020
Price is approaching our first support in line with our ascending trend line where we could see a bounce above this level.
EURJPY is approaching support | 10 Dec 2020
Price is approaching support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well in line with our bullish bias.
EURJPY is approaching support | 10 Dec 2020
Price is approaching support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well in line with our bullish bias.
CADJPY is facing bullish pressure | 10 Dec 2020
Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
CADJPY is facing bullish pressure | 10 Dec 2020
Price is facing bullish pressure where a break above our upside confirmation level could see a further upside