Our morning call at European open in FX, Fixed Income, and Equities
trade opportunities and strategy for the day in FX, Equities, and Fixed Income
Bonds could stay overbought for a while due to flight to quality and low rates around the world and reach even 1% in the event of an escalation of the trade war between the USA and China. Nevertheless risk reward in holding US Treasuries is poor,
The skilful warrior of old wins no fame for valour.
Ten year consolidates are looks higher. Bought the gap fill. Up all year so far, been a solid winner.
Possible intermediate cycle high? $TLT, $ZN_F, $IEF, $TNX
Latest breakout here made changes medterm in my opinion and higher levels still possible and thats not great news for dollar bulls. As long as 122 holds we may see 127.
With WTI declining nearly %30 in a short time span and global growth slowing. Investors are long US TBONDS as they are willing to tolerate lower yields from bonds in anticipation of lower inflation and slowing growth. Bonds rising will have a wide ranging market influence. From yields falling, to equities under performing to Japanese investors seeking domestic...
The Triangle started at the high in May and should continue into early August. A rally should follow because of the bullish activity that occurred in May. (This pattern was first mentioned on MooreMarketTrends.com on July 10, just after the reversal in early July.)
The extent of the bond rally last summer lines up nicely with the .618 fib retracement shown here and gives us a target heading into the end of May. Almost like someone planned it that way. Possibly wait for a pull-back to the blue-line if going long.
It looks like the Bond market hasn't priced in growth or we're going to see a nasty reversion trade in the materials sector and a bond pop. The Copper / Gold pair is a great proxy for inflation due to the divergent properties of the 2 metals. Copper is purely an industrial metal and a proxy for inflationary growth so the 10yr reacts correspondingly. Gold, on...
Working on daily swing low, weekly hammer $ZN_F, $FGBL, $EURUSD
Preparing to break out from channel $FGBL