Price is abiding to the descending trendline, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 78.6% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement . Our bearish bias is further supported by the RSI indicator where...

Price has recently broken out of the ascending trend line and is near the sell entry price of 1.37896 which is also 61.8% Fibonacci projection and 61.8% Fibonacci retracement . Price can the potentially dip to the first support level of 1.36468 which is also 50% Fibonacci retracement . Our...

Signal ID: 78027 Time Issued: Thursday, 28 October 2021 01:00:16 GMT Status: open Entry: 1.06361 - 1.06601 Limit: N/A Stop Loss: 1.06961 The Tidal Shift Strategy has just sold EURCHF at 1.06481. The system recommends entering this trade at any price between 1.06361 and 1.06601. The signal was issued because...

Price is consolidating in a daily triangle. We see a potential entry at 0.91636 in line with 78.6% Fibonacci retracement towards our Take Profit at 0.92166 in line with 38.6%, 78.6% and 61.8% Fibonacci retracement . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information,...

A near non-stop rally in crude oil since September is showing its first signs of running out of steam, and while we do not expect a reversal, the market may enter a period of consolidation. The reasons behind the correction, apart from speculators scaling back long positions, are several and...

Prices have broken our of our ascending trendline and have the potential to dip from our sell entry at 0.75337 in line with 50% Fibonacci retracement and 100% Fibonacci extension towards our Take Profit at 0.74182 which is an area of Fibonacci confluences. Technical indicators are showing bearish momentum. Any...

Price is abiding to the descending trendline resistance on the daily, signifying an overall bearish trend , however, there might be a potential bullish trend breakout with the inverse head and shoulders spotted at the bottom of the descending trend. We can expect price to be bounce off from the...

Today we look at the remarkable moves in global yield curves as the Bank of Canada is the latest DM bank to surprise on the hawkish side in abandoning QE and bringing forward the guidance on rate lift-off. This took short yields sharply higher there while the long end of...

The Bank of Canada is the latest central bank to tilt into very hawkish mode as it abandoned its QE program yesterday and brought forward the time frame for rate hikes. A sharp flattening of global yield curves has unfolded over the last week or so on the impression that...

A solid beat in the Australian CPI reading overnight saw a huge adjustment to the forward rate curve in Australia but failed to impress the currency as much as other factors are providing some offsetting pressure. Today we look forward to a Bank of Canada meeting that will have to...