With risk sentiment slipping into a more profound funk to start the week, the yen continues to bash its was stronger against every other currency, but the USD has changed course and is finally waking up to its role as a fellow safe haven when global risk assets are on...
ETH approaching resistance, potential drop! | 21 Sept 2020
ETH reversed off its resistance at 368.59 where it could potentially drop further to 376.58. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
ETH approaching resistance, potential drop! | 21 Sept 2020
ETH reversed off its resistance at 368.59 where it could potentially drop further to 376.58. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart of the Week : Trader positioning in the euro
Our 'Macro Chartmania' series collects Macrobond data and focuses on a single chart chosen for its relevance.Click here to download this week's full edition of Macro Chartmania. This week, we look at trader positioning in the euro. These are the main highlights from the CFTC Positioning Report: • Extreme positioning in...
Podcast: Risk sentiment fragile, Nikola bombshell, JPY ripping higher
Today we look at the weak risk sentiment in US markets as the major averages look wobbly below some key support levels, look at the political situation in the US potentially limiting further stimulus, discuss the Nikola bombshell, Tesla's upcoming battery day, the JPY on the move, oil and futures...
Market Quick Take – September 21, 2020
The US equity market drop on Friday carried through into the beginning of this week. The mood is somewhat downbeat in Europe as the latest COVID-19 numbers in some areas spiraled higher, and the UK is even threatening partial shutdowns. What is our trading focus? S&P 500 Index (US500.I) &...
COT: Rising oil short; Specs left blindsided in natural gas and coffee
Futures positions and changes made by hedge funds across 24 commodity futures during the week to September 15.Saxo Bank publishes two 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 broader measure...
AUDJPY is approaching resistance | 21 Sep 2020
Price is approaching a key resistance level where we could see a reversal from here.
AUDJPY is approaching resistance | 21 Sep 2020
Price is approaching a key resistance level where we could see a reversal from here.
Macro Dragon: WK # 39… Flash PMIs, Nike, Costco, RBNZ, Turkey, Norges Bank + Mnuchin/Powell
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...