Market bias is negative on the day with bonds and yeilds down. market broke the previous day high to currently waiting for a retest of the marked level to take a sell
BOE was out with a 25bps rate hike leaving a hawkish tone, worries for inflation are still paramount. UK bond yield is in an overall uptrend but negative on the day, Uk equities are also in an overall uptrend but ranging currently, market sentiment is somewhat risk-off. bias for the day is sells. waiting for a retracement to 155.200 range stops above 155.350 and...
The market has been somewhat ranging today, however, UK bonds are negative, despite positive manufacturing news earlier today, UK equities has changed less than 1% on the day. Bias is sell, looking for sells around 154.900 - 155.000 stop loss around 155.050 and TP at 154.200.
Market awaiting FOMC conference later today currently UK bonds and equities 1% up today however at a significant sell zone, technically market is testing a 4hr sell zone in a bearish trend.
Not much fundamentally, UK equities and bond yields are in the positive indicating a risk-on environment, technically, yesterdays candle closed as a rejection, 4 hr candle printing higher highs. a retracement to the highlighted zone would be for a potential buy If i see a rejection candle.
it's a Monday, first day of the week, not much happening, market services coming out soon by 10:30 so looking forward to a risk on moment today. technically market is in a 4 hr zone buys on the pinbar look good
with prevalent bearish momentum of GBP, poor retail news on GBP, UK bonds, and equities in the negative indicating a risk-off environment, my bias is a sell dor GBP. I'm looking for a retracement up to 154.500 for sells to 154.000 stop loss at 154.650
yesterday Gold broke previous daily highs to test 1846, due to the prevalent inflation rate, giving fuel to gold buys. till the fed hike interest rate gold buys remain predominant. The bond yield market is currently retracing from an all-time high which is inversely correlated with Gold. technically, gold has broken below the support created on the 15, I expect a...
