Nzdusd halts decline at 61.8% fibonacci

NZDUSD has been in a steep decline after peaking at the five-month high of 0.6410 in July. However, the pair has managed to temporarily pause its retr...

August 23, 2023, 9:08 am

Eur/jpy daily outlook

Daily Pivots: (S1) 157.72; (P) 158.60; (R1) 159.12; More…. EUR/JPY’s steep fall and break of 157.64 minor support indicates short term topping at ...

August 23, 2023, 8:35 am

Tecl: the riskiest bet of all

The Direxion Daily Technology Bull 3X Shares is a leveraged ETF that focuses on technology companies in the S&P 500 index. TECL aims to achieve a 300%...

August 23, 2023, 8:31 am

Usd/jpy daily outlook

Daily Pivots: (S1) 145.46; (P) 145.93; (R1) 146.36; More… Range trading continues in USD/JPY and intraday bias bias stays neutral. On the upside, su...

August 23, 2023, 6:25 am

Nzd/usd forecast: kiwi is ripe for a bearish breakout

The NZD/USD exchange rate moved sideways on Wednesday morning as US bond yields rose and after the latest New Zealand retail sales. The pair was tradi...

August 23, 2023, 5:14 am

Agq: big winner over the last year, and perhaps the next also

ProShares Ultra Silver has outperformed most asset classes, including silver/gold bullion, mining stocks, bonds, money markets, U.S. equity averages, ...

August 23, 2023, 3:20 am

Is gold destined to lose more of its shine?

With US Treasury yields and the dollar marching north, gold has come under selling interest, breaking last week below the key zone of $1,900. Although...

August 23, 2023, 3:18 am

Gold price signals bearish breakdown, pmi’s next

Key Highlights Gold price is moving lower below the $1,900 zone. A major bearish trend line is forming ...

August 23, 2023, 3:12 am

Gold prices weaken amidst technical challenges and bearish trend

Despite attempted rebounds, gold's path remains uncertain due to bearish signals, a damaged trend struc...

August 22, 2023, 4:07 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 144.92; (P) 145.40; (R1) 145.87; More… Intraday bias in USD/JPY stays neutral for the moment. On the upside, sustained break of 6...

August 22, 2023, 2:13 pm

Solana and cardano: cardano puts pressure on 0.2600

Solana and Cardano: Cardano puts pressure on 0.2600 The price of Solana continues with bearish consolid...

August 22, 2023, 11:40 am

Safemoon and litecoin: litecoin struggles above $66.00

SafeMoon and Litecoin: Litecoin struggles above $66.00 SafeMoon’s price continues to pull back this week, forming a low at the 0.0001402 level. The ...

August 22, 2023, 10:54 am

Usd/jpy outlook: yen recovers as boj engages prime minister

The US dollar stepped back from a 10-week high. Bank of Japan Governor Kazuo Ueda had discussions with Japan’s prime minister. Money markets indicat...

August 22, 2023, 8:26 am

Us 30 cash index correction at tipping point

The US 30 cash index has been under bearish pressure after registering a new 2023 high and its highest ...

August 22, 2023, 7:37 am

AUDUSD may see limited bounce The Australian dollar continues to struggle as a proxy to China’s slowing growth. The price has remained under pressur...

August 22, 2023, 7:05 am

Usd/jpy daily outlook

Daily Pivots: (S1) 144.92; (P) 145.40; (R1) 145.87; More… USD/JPY is still bounded in range below 146.55 and intraday bias remains neutral at this p...

August 22, 2023, 6:11 am

Yen selloff slows, but remains vulnerable

Yen’s selloff experienced a mild respite during the Asian session, bolstered by a spike in 10-year JGB yield that touched its apex since 2014. Howev...

August 22, 2023, 6:10 am

Billionaire "shark tank" investor kevin o'leary says michael burry's bearish bet on the s&p 500 is "very risky"

Michael Burry recently made a big bet against the S&P 500 and Nasdaq-100. Kevin O'Leary questioned Burry's move in a Fox News interview last week....

August 22, 2023, 5:53 am

Technical outlook and review

DXY: The DXY chart currently displays a bearish momentum, suggesting a prevailing downward trend. Given...

August 22, 2023, 5:29 am

Bnp on the sliding yuan - no hard line-in-the-sand

I posted earlier on JPM on the yuan:JP Morgan says the Chinese yuan will keep on fallingBNP have a similar view on a lower RMB, saying it'll keep fall...

August 22, 2023, 2:46 am