Price is abiding by our bearish trendline . We see the potential for a dip from our sell entry at 1.23477 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 1.22959 in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement . Technical indicators...

Prices are on bearish momentum. We see the potential for a dip from our Pivot at 123.947 which is an area of Fibonacci confluences towards our Take profit at 123.42 in line with 100% Fibonacci extension . Technical indicators are showing bearish momentum. Any opinions, news, research, analyses, prices, other...

Price is near the sell entry price of 83.306 which is Fibonacci projection of 100% and Fibonacci retracement of 61.8%. Price can potentially dip to the take profit level of 81.889 which is 50% Fibonacci retracement and 61.8% Fibonacci projection . Our bearish bias is supported by ichimoku cloud indicator...

Price is on a bearish momentum and abiding to our bearish trendline . We see potential for a bounce from our 1st resistance at 1.04277 in line with 50% Fibonacci retracement and 38.2% Fibonacci retracement and graphical overlap towards our 1st support at 1.03297 in line with 100% Fibonacci extension...

Price is near the sell entry price of 1.33539 which is 100% Fibonacci projection . Price can potentially dip to the first support level of 1.32046 which is 127.2% Fibonacci projection and -27.2% Fibonacci retracement . The first support level is also the graphical overlap support. Our bearish bias is...

We can expect price to make a bounce from the pivot level in line with 61.8% Fibonacci projection and horizontal support towards the1st resistance in line with 38.2% Fibonacci retracement and 127.2% Fibonacci projection . Our bullish bias is further supported by stochastic indicator where %K is abiding to an...

On the H4 timeframe, we can see that price have broken out of the descending trendline resistance, signifying a bullish momentum. We can expect price to bounce from pivot in line with 23.6% Fibonacci retracement towards take profit line with 161.8% Fibonacci projection . Our bullish bias is further supported...

Today we look at the tense situation in markets after the hot US October CPI print on October and then yesterday's awkward bank holiday-warped session, as well as whether Fed expectations are really driving the US dollar, not to mention China maintaining its currency near recent lows in USDCNH. Elsewhere,...

Equity markets closed a bit softer in the US yesterday, but were strong overnight in Asia. The market continues to sort through the implications of the massive swell in inflation numbers after the Wednesday US October CPI data, which sparked the remarkable combination of higher US yields, if lower real...

Nasdaq and S&P 500 has formed top and reversal patterns and is ripe for a minor correctionIf joined my Webinar yesterday https://www.home.saxo/insights/events-and-webinars you heard me talking about the US stock markets and how they looked set for a correction. The reason behind my view on a likely correction was the...