Price is trading in a bullish channel and near the buy entry price of 1.34289 which is 50% Fibonacci retracement and 100% Fibonacci projection . Price can potentially go to the take profit level of 1.35078 which is 78.6% Fibonacci projection and 61.8% Fibonacci retracement . Our bullish bias is...

Prices are on bearish momentum and abiding by our bearish trendline . We see potential for a dip from our sell entry at 153.780 which is an area of Fibonacci confluences towards our Take Profit at 152.441 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Alternatively, our...

Prices are on bearish momentum. We see potential for a dip from our sell entry at 129.056 which is an area of Fibonacci confluences towards our Take Profit at 127.997 in line with 200% Fibonacci projection and graphical swing low. Technical indicators are showing bearish momentum. Any opinions, news, research,...

Prices are on a bearish momentum and have recently broken out of our descending trendline. We see potential for dips from our sell entry at 1.85927 in line with 100% and 161.8% Fibonacci extension and graphical swing highs towards our Take profit at 1.84659 in line with 61.8% and 127.2%...

China has a market that nobody talks about but has defied the concerns this year powering to new all-time highs. ChiNext is window into China's future and we show how to invest China's equivalent of Nasdaq.China has a growth pocket nobody talks about This year has been a rollercoaster ride...

This week it's all about a surge of Covid-19 cases and inflation. The debt ceiling issue will keep long-term yields in check in the United States while spurring volatility in money markets. Lack of collateral and new lockdown measures are also compressing spreads in the Euro area. Yet, policymakers' engagement...

This summary highlights futures positions and changes made by hedge funds across commodities, forex and financials up until last Tuesday, November 16. The report shows the reaction to the US inflation shock on November 11 which among others drove strong demand for gold and more surprisingly a reduction in the...

Today we look at the lay of the equity market coming into this week, where we continue to note considerable market divergences, recapping the points from Friday, including the narrow market rally. We also look at whether credit spreads for high yield corporates are finally starting to deserve some attention....

Equity markets closed last week somewhat mixed, but the Asian session was mostly strong on indications that the Chinese PBOC is shifting its attitude on monetary policy toward easing. Elsewhere, the difficult wait for the Fed Chair nomination news continues this week ahead of the US Thanksgiving holiday on Thursday....

This special edition of the Saxo Market Call podcast is a long-form chat with Steen Jakobsen, Saxo Chief Economist and CIO, who takes us through what makes him uneasy about the market and where it is trading these days, as well as current market narratives, versus what likely awaits in...