Hello traders, Today we want to share with you our TVC:SPX perspective as it starts to flirt with a very decisive zone at around 2400-2450. Currently market seems to be a very decisive level for the market weather bearish sentiment will kick in soon or not. Current fundamental important facts to consider: FED rate hike (rate odds jumped in previous days...
Hello Traders, Today we will share with you guys the FX_IDC:GBPUSD as it seems to show soon further depreciation towards 1.21. However, it currently seems that we see more inflow of captial as the USD as a whole lost some strengths after Yellen speech on Friday. Market will very closely watch next weeks NFP on Friday next week as key driver for March rate...
Hello Traders, Today we will share with you guys the TVC:UKOIL as it seems to show upwards pressure again towards $57 and may breaking resistance zone. It currently flirts with significant intra-day support level. Supported by a significant intermarket sign, which points a potential inflow of capital very soon! This may underline this setup. Our intermarket...
As real rates rise, the probability of gold having topped increases significantly
Hello Traders, Today we would like to present you TVC:SILVER as it seems to decline in near future. Let us break down the analysis. Starting with the fundamentals/macro overview as usual: TVC:SILVER is currently not a very much watched instruments in the financial market, however it shows some interesting pattern. These pattern we would like to provide...
The US-Dollar Index is in an intact impulsive long trend. After the weekly break of the sideways range a pull back towards the break out level or in other words around 100-100.5 zone was initiated.The possible upside breakout of the 1 ½ - year sideways range also underlines the current situation within the US-Dollar. After the Federal Reserve stopped QE 3 in...
The normalised chart of Copper (white) vs CAT (orange) would indicate a CAT short is a reasonable equity trade here...
Another chart to keep in mind given skew has decoupled from the VIX!
As we highlighted yesterday that we wanted to see a confirmation of breakout or reversals in AUD/USD, and the price action today suggests that AUD/USD confirms the uptrend. Note: We are buying the dips on AUD/USD with stops at the support levels at 0.7330 to target 0.7420 in short term trading.
This looks particularly bearish for EM, unless the dollar tops this month!
A divergence to watch as we attempt to see whether the January effect causes a top or bottom in the dollar.
There's a decent correlation between EM currencies and the Euro. Whilst EM equities take a cue from their currencies. Hence, this chart might appear unrelated at first, but the EEM/SPY ratio might yield clues on the euro...
Today in unusual inter-market relationships we have Copper/Gold vs the US10Y. I need to think about this more to grasp its claims upon reason, if indeed there are any!
Worth keeping an eye on where CNH is ringing the bell on the dollar rally.
Who pulls whom!?!