NZDUSD appears overbought

Signal ID: 73077 Time Issued: Thursday, 27 August 2020 01:00:15 GMT Status: open Entry: 0.66248 - 0.66518 Limit: N/A Stop Loss: 0.66923 The Congestion Opportunities Strategy has just sold NZDUSD at 0.66383. The system recommends entering this trade at any price between 0.66248 and 0.66518. The signal was issued because...

Breakout Identified in USDCHF

Signal ID: 73081 Time Issued: Thursday, 27 August 2020 07:48:16 GMT Status: open Entry: 0.90566 - 0.90822 Limit: 0.90158 Stop Loss: 0.91181 The Breakout Opportunities system has just sold USDCHF at 0.90702. The system recommends entering this trade at any price between 0.90566 and 0.90822. The signal was issued because...

Podcast: Houston, we have a bubble

Yesterday's acceleration in the US megacap stocks on top of an already torrid rally underlined the thesis that we have entered into bubble territory there. Today's Powell speech is possibly important for the narrative driving this historic market. Elsewhere a look at the reaction potential of other markets over the...

Awaiting Jackson Hole

Complacency all around, the melt up continues and tech stocks sore to fresh highs overnight. However Asian markets take pause in a lacklustre trade ahead of the Jackson Hole event risk, Powell's speech will be keenly watched, as tensions between the US and China simmer.In the midst of COVID-19 crisis,...