Signal ID: 78299 Time Issued: Wednesday, 17 November 2021 04:00:15 GMT Status: open Entry: 1.12751 - 1.13005 Limit: N/A Stop Loss: 1.12371 The Congestion Opportunities Strategy has just bought EURUSD at 1.12878. The system recommends entering this trade at any price between 1.12751 and 1.13005. The signal was issued because...
AUDJPY on bullish momentum! | 17 Nov 2021
Price is on a bullish momentum and is abiding to our ascending trendline. Our buy entry at 83.535 in line with 78.6% Fibonacci extension towards our Take Profit at 84.531 in line with 50% Fibonacci retracement . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other...
NZDJPY bullish momentum! | 17 Nov 2021
Price is on a bullish momentum and has recently broken out of our ascending trendline. We see a potential inverse head and shoulders for prices to retest the trendline. Our buy entry at 79.968 in line with 78.6% Fibonacci extension towards our Take Profit at 80.867 in line with 100%,...
Possible trend shift in NZDUSD – going short
Signal ID: 78293 Time Issued: Wednesday, 17 November 2021 01:00:15 GMT Status: open Entry: 0.69764 - 0.70022 Limit: N/A Stop Loss: 0.70409 The Tidal Shift Strategy has just sold NZDUSD at 0.69893. The system recommends entering this trade at any price between 0.69764 and 0.70022. The signal was issued because...
AUDCHF bullish continuation | 17th Nov 2021
Price broke out of the descending trendline resistance (turn support), signifying a bullish momentum. We can expect price to bounce from pivot level in line with 38.2% Fibonacci retracement towards take profit level in line with 61.8% Fibonacci projection and 38.2% Fibonacci retracement . Our bullish bias is further supported...
AUDUSD potential short term bullish bounce | 17th Nov 2021
We can see that price is abiding to the descending trendline resistance, signifying a bearish momentum. However, we can expect price to make a small retracement and bounce from 1st Support in line with 61.8% Fibonacci projection towards the 1st Resistance in line with 61.8% Fibonacci projection . Our short-term...
Watching whether Euro crisis waxes existential
Today we look at a fresh major spike in natural gas prices in Europe driving new concerns for the European economy and for the euro itself, which has lost significant further altitude. We also ponder where to look if EU outlook concerns turn more existential rather than merely a question...
Market Quick Take – November 17, 2021
Markets managed a fresh rally yesterday, taking the price action in US equity markets back close to the all-time highs, even as a very strong US dollar could prove a forward concern if it presses stronger still from here, and longer US treasury yields are likewise an important focus if...
EV bonanza, Chinese equities comeback, stocks to watch
EV-makers are worth more than ICE-makers in a bonanza showing extreme risk appetite for getting exposure to electric vehicles with Rivian IPO being the latest example of this. We also take a look at Chinese equities which for now seem to be bouncing back following a 22% drawdown although key...
FX Update: Euro malaise deepens. Sterling mounts comeback.
The bottom continues to fall out for the euro, which notched new lows for the cycle versus the US dollar as Covid and growth concerns weigh. Sterling is in part responsible for the weaker single currency as it has recovered all of the losses in the wake of the disastrous...