The market mood has turned a bit more cautious yesterday and overnight, with equity markets generally losing steam after a recent run higher, although US small cap stocks remain an outlier on the strong side. US Retail Sales in October showed the weakest growth in six months, suggest a more...
AUDUSD is facing bearish pressure | 19 Nov 2020
Price is facing bearish pressure where we could see a reversal below this level to our first support level . Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
AUDUSD is facing bearish pressure | 19 Nov 2020
Price is facing bearish pressure where we could see a reversal below this level to our first support level. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
Breakout Identified in EURJPY
The Breakout Opportunities system has just sold EURJPY at 122.914. The system recommends entering this trade at any price between 122.729 and 123.077. The signal was issued because the EURJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.68, suggesting that the EURJPY may have further...
Virus fear offsetting vaccine news
Stocks struggled overnight, ending the session lower as surging COVID19 hospitalisations in the US weighed on sentiment, with restrictions increasing in various US states, overshadowing positive vaccine newsStocks struggled overnight, ending the session lower as surging COVID-19 hospitalisations in the US weighed on sentiment, with restrictions increasing in various US...
Macro Dragon: Watch Turkey Hiking Rates + Misconceptions in Wealth Generation
Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...
Crude oil: Riding the expectations curve
Crude oil update with focus on the continued positive response to vaccine newsWhat is our trading focus? OILUKJAN21 – Brent Crude Oil (January) OILUSDEC20 – WTI Crude Oil (December) XLE:arcx - Energy Select Sector SPDR Fund XOP:arcx - SPDR S&P Oil & Gas Exploration and Production XES:arcx - SPDR S&P...
Macro Dragon: Bullish on Bitcoin? All About $20,000… Yet We Ain’t Seen Nothing Yet…
Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...
Podcast: On Bitcoin, booby traps for Biden and too-bullish sentiment?
Today we look at a recent massive jump in bullish sentiment in the US and whether this is a contrarian signal, thoughts on why Bitcoin is rising so aggressively, the weak US dollar, big moves in 'beans and coffee, spiking container rates and the string of booby traps Trump is...
GBPAUD is facing bearish pressure | 18 Nov 2020
Price is facing bearish pressure where we could see a reversal below this level.