US President Biden will tap Jay Powell for a second term as Fed Chair and will nominate Lael Brainard to be promoted to Vice Chair of the Fed, a move that sent the USD modestly higher and US yields sharply higher, though some of the reaction may have been on...

desmondlzw Possible trend shift in EURUSD – going short | 23rd Nov SHORT Euro / U.S. Dollar (FX:EURUSD) 1.12507 0.00160 0.14% desmondlzw 5 hours ago Trend Analysis Harmonic Patterns Chart Patterns EURUSD EUR USD Signal ID: 78368 Time Issued: Monday, 22 November 2021 19:00:15 GMT Status: open Entry: 128.987 -...

Price is near buy entry price of 0.92996 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Price can potentially go to the take profit price of 0.93507 which is also the graphical overlap resistance. Our bullish bias is supported by the ichimoku cloud indicator as price is...

Technology stocks went through a horrible session yesterday as interest rate sensitivity kicked into gear with the 10th large upward move in the US 10-year yield this year.Growth baskets look awfully vulnerable Yesterday’s move in the US 10-year yield of 8 basis points made it the 10th biggest move higher...

Today we look at the market reaction to US President Biden giving Fed Chair Powell teh nod for a second term, while promoting Lael Brainard to Vice Chair. The most interesting reactions were in the US yield curve as a faster pace of Fed tightening was priced in for next...

Equity markets closed yesterday on a sour note after a volatile session on the news that Biden will nominate Fed Chair Powell to a second term and promote Lael Brainard to Vice Chair. The news took Fed policy expectations sharply higher for next year and two weak US Treasury auctions...

Price is abiding to the descending channel on the H4, signifying bearish momentum. However, we can expect price to make a short term bullish bounce from pivot level in line with 50% Fibonacci retracement towards take profit level in line with 61.8% retracement and 161.8% Fibonacci projection . Our short-term...

Price is abiding to the descending trendline, signifying a bearish momentum. We can expect price to drop from pivot level in line with 127.2% Fibonacci projection and 61.8% Fibonacci retracement towards 1st Support in line with 78.6% Fibonacci projection . Our bearish bias is further supported by the Ichimoku cloud...

Price is trading on a descending trendline and is near the sell entry price of 0.65162 which is also 61.8% Fibonacci retracement and graphical overlap resistance. Price can potentially dip to the take profit level of 0.64810 which is also 61.8% Fibonacci retracement . Our bearish bias is supported by...

The Tidal Shift Strategy has just sold NZDUSD at 0.70031. The system recommends entering this trade at any price between 0.69884 and 0.70178. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.08469, which suggests that...