Price is trading in a descending trend line and is near the buy entry price of 0.64460 which is 78.6% Fibonacci projection and 78.6% Fibonacci retracement . Price potentially go the take profit level of 0.65392 which is also 50% Fibonacci retracement and 1.61.8% Fibonacci projection . Our bullish bias...

Price is near the buy entry price of 0.88032 which is also 39.2% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially bounce from that level to the taker profit level of 0.89044 which is also the graphical swing high resistance. Our bullish bias is supported by the stochastic...

Prices are consolidating in a triangle. We see potential for prices to climb from our Buy entry at 1.04181 in line with 100% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.05408 in line with 61.8% Fibonacci retracement . Technical Indicators are showing bullish momentum. Any opinions,...

Price is reacting at a grapical overlap support, we can expect a short term bullish bounce from here. We can expect price to bounce from the pivot level in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 100% Fibonacci projection ....

Price is currently reacting in a triangle and a bullish pennant pattern. We can expect price to bounce from pivot level in line with 88% Fibonacci retracement and 78.6% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci projection . Our short-term bullish bias is further supported...

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The Bank of England executed one of the more stunning communication fails in recent memory at its meeting, with its caution tripping up a market that was expecting a more hawkish meeting and sending sterling into a tailspin. Elsewhere, the Czech central bank hiked 125 basis points, more than the...

The Virginia governor's race was seen as a referendum on president Joe Biden's first year in office. In this state, Biden won by 10 points in the 2020 presidential election. The incumbent Democratic Governor Ralph Northam was backed by the Democratic administration. He lost against a novice Republican candidate, Glenn...

Macro Dragon = Cross-Asset Quasi-Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...

US equity markets have gone into melt-up mode in the wake of the FOMC meeting, as the Fed is set for a slow QE tapering, while falling long bond yields and even lower oil prices over the last couple of days are adding further tailwinds. The US dollar could prove...