Bitcoin can be considered as the Nasdaq 100 on steroids and the latter has fallen over 10% in the past 3 sessions. This has only…
Piggy backing on the USD Index post, Cable looks extremely oversold and could be getting ready for a reversion back to its mean. We would…
It is very hard to find any USD bears right now and the Bloomberg reporting this morning is uber Dollar bullish as the greenback continues…
Consolidatory price action in the FXCM USDOLLAR (CFD) is still ongoing with neither the Bulls nor the Bears making any headway. Looking at the structure…
We have highlighted the importance of the Chinese Yuan in previous posts. Updating the technical picture. On the weekly chart, we have a MACD/Signal cross…
The GBPJPY just posted a key outside reversal at the all-important 142.25 level, a level that has been capping the upside since mid-January. Downside follow-through,…
The GER30 (German Dax) CFD, posted a new high (pre covid high as well), 4 weeks ago and has been consolidating ever since, with little…
The EURUSD and USDCHF have a very high inverse correlation so when they get out of sync i.e. the EURUSD makes new highs but the…
The USD in our view continues to be in an accumulation phase, hence the choppy price action near its lows. Recent price action in the…
Since hitting an intraday low of $28797 today, Bitcoin has staged an impressive rally and is currently trading well above $30k. Since its top at…