CADJPY is on a bullish momentum. We see potential entry at 90.959 in line with 200% and 127.2% Fibonacci extension and a potential dip towards our Take Profit at 89.963 in line with 23.6% Fibonacci retracement . Stochastics are at a level where previous pullbacks happened. Any opinions, news, research,...
FX Update: Commodity FX all the rage. Tension in sterling outlook.
Markets tried to put back on the relief rally yesterday, but the weight of concerns in the background forced a retreat as US equities closed on the lows of the day and sentiment continued to sour in the Asian session even if Europe is trying to save the day. One...
This market still looks very complacent
Today we continue to outline our laundry list of concerns as the energy crunch continues its vice grip and as bonds are providing zero offsetting returns when equities come under pressure, and yet the VIX forward curve suggests ongoing complacency. We also look at yields and yield curves, which continue...
Market Quick Take – October 12, 2021
A weak session around the world for equities as an attempt yesterday in the US to rally back toward recent highs was beaten back and the major averages closed sharply lower for the second straight session, with the mood staying downbeat in the Asian session overnight. Crude oil prices posted...
It’s time for redistribution of wealth
Over the past twenty years, real compensation has lagged behind labor productivity growth in most developed countries. But with more persistent inflationary pressures and calls to fight inequality, several governments have embraced redistribution of wealth as a top policy priority. This is the case of Japan and the United Kingdom,...
Crypto Weekly: Back above 50,000
Bitcoin is back above 50,000 as sentiment has significantly improved with institutional investors betting on Bitcoin as an inflation hedge.Throughout the last week, the largest cryptocurrency measured on market capitalization Bitcoin (BTCUSD) has been riding on top of positive market sentiment to exceed 50,000 once again. At present, it however...
Energy special with guest Tor Svelland
This is a special edition podcast with Tor Svelland of Svelland Capital. Tor is a trader and investor in energy, shipping, commodities and related equities with a tremendously deep background in the space. In this interview, Tor takes us through the factors that are pressuring global commodity prices higher, particularly...
Breakout Identified in AUDJPY | 11th Oct
Signal ID: 77837 Time Issued: Monday, 11 October 2021 02:55:15 GMT Status: open Entry: 153.163 - 153.764 Limit: 154.460 Stop Loss: 152.055 The Breakout Opportunities system has just bought GBPJPY at 153.532. The system recommends entering this trade at any price between 153.163 and 153.764. The signal was issued because...
EURUSD on bullish momentum | 11 Oct
Price is currently heading towards our buy entry level of 1.16243 and can potentially head to our take profit level of 1.17543 which is also our Fibonacci retracement level of 61.8% and 100% Fibonacci projection level. Our stop loss is placed at 1.15338 which is also our graphical swing low....
EURJPY potential reversal! | 11 Oct 2021
EURJPY is on a bearish momentum. Price has the potential for bounce at our pivot /entry at 130.403 in line with 200% Fibonacci projection and dip towards our Take Profit at 129.667 in line with 61.8% and 38.2% Fibonacci retracement , which is a graphical overlap. Technical indicators are showing...