Price is consolidating in a descending channel . We see a potential target entry at 1.85055 in line with 38.2% Fibonacci retracement and 100% Fibonacci projection and a pullback towards our Take Profit at 1.84425 in line with 127.2% Fibonacci retracement . Technical indicators are showing bearish momentum. Any opinions,...

Price is currently trading in an ascending channel , at our Fibonacci retracement level of 23.6% and 78.6% Fibonacci projection level. If price were to break that level , it can potentially dip to the take profit level of 0.72891 which is also 38.2% retracement level and 127.2% projection level....

Price has been consolidating in a triangle. We see a potential entry at 0.92759 in line with 23.6% Fibonacci retracement , 61.8% Fibonacci extension, and graphical overlap towards our Take Profit at 0.93123 in line with 61.8% Fibonacci retracement . Technical indicators are showing bullish momentum. Any opinions, news, research,...

Price is at the descending trendline resistance, hence, we can expect price to drop from the pivot level in line with the 127.2% Fibonacci Projection and push all the way down to the take profit level in line with the ascending trendline support, 50% Fibonacci retracement and 100% Fibonacci Projection...

NZDJPY is on a bullish momentum. We see the potential for a short pullback and an entry at 79.052 in line with 161.8% Fibonacci extension and 50% Fibonacci retracement towards our take profit at 78.169 in line with 38.2% Fibonacci retracement and ascending trendline support. Stochastics is at a level...

EURUSD is trying to put together a modest rally today as the success of the EU green bonds suggests a strong bid for safe, liquid European assets. An improvement in risk sentiment in the background has also helped the US dollar lower across the board, ahead of the next bits...

Japanese buyers have come to rescue falling US Treasuries. However, the more significant test will come today as the Treasury will sell 30-year bonds following the US CPI readings. With inflation expected to close the year above 4% and GDP expected around 5.9%, it's unlikely that long-term yields will drop...

Today we look at the latest choppy session and the important day ahead, with the September US CPI print on tap later today, followed by the FOMC minutes as the Fed is set to taper at its next meeting, and then the important Chinese PPI up in Asia, an important...

Equities traded choppily yesterday, neither managing to sustain a rally nor close anywhere near the session lows, though US equities did close marginally lower yesterday and sideways overnight in a fairly downbeat Asian session. Today, we look forward to a US September CPI release and the FOMC minutes, which could...

AUDUSD is on a bearish momentum. We spot a potential entry at 0.74028 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 0.72241 in line with 78.6% Fibonacci retracement and graphical swing low. Technical indicators are showing bearish momentum. Any opinions, news, research, analyses,...