Besides the "Sweet" spot, real estate and finance had better days.
"The U.S. stands out for its positive returns. Ten-year Treasury rates were at 2.16% on May 31, vs. -0.09% for Japan and -0.20% for German equivalents. The dollar has been taking away the mantle of safe haven thanks to interest-rate differentials. The flows into yen as a safe haven remains, but for us to see it go down to, say, 105, you’ll need to see a major...
USDSEK & EURSEK charts are forming a top formation, which is the end of the very extended downside trend for the SEK (483 days). Some kind of a mean reversion is expected towards the 9.22 area by Aug-Mid Sep. For more fundamental points I wish to recommend Torbjörn Isaksson analysis
Global energy demand has reached its periodical peak (Trade War). The next 3 months are ought to be in a range or downside, however, the upside is limited with the current fundamentals.
Technical perspective The first wave (24 of Dec 2018- 22 of April 2019 of the correction seems to be over, however, we might revisit 67$ area before going down. I suspect that we will reach the 60$ area within the next 60 days period. Structure-wise, the first "leg" (A wave) is opening the possibility for an extending structure, before the downtrend, or the...
Following the poor economic data, South Africa's enters a Recession. The TVC:ZA10Y looks bad, and we are due to get a 0.25bps increase to 6.75% or the Rand will be in a real free fall. The TVC:SA40 also looks like a sell setup. Contagion from Turkey and Argentina is also making this "Short" problematic, but for those who wish to sell a "carry trade" asset...
Good R.R ratio. Selloff from the top doesn't always goes on the first attempt, so dont be discourage if the trade ends at a BE. What may trigger this pair to go down: 1) U.K Prime minister may fail to secure a good trade deal with the Eur zone, especially if she cant get a deal for the U.K financial industry to act in the Eur zone. 2) Aud may plunge down,...
This is the first attempt to sell from a relative top. Usually it takes 3 to 4 attempts to make a good entry from the top, so make sure that you only risk a small percentage of your account if you choose to mirror the trade. Trade with care or dont trade at all.
This trade has a decent R.R, but in order to get that "TRADE" you will need to be patience and wait for a few weeks (even a month). If we break the last bottom (0.94214) we may go all the one down to 0.91583. However, if we dont get any correction until we get to 0.91583, i will expect a strong reversal. Trade with care, or dont trade at all.
TEVA rating was cut to Junk. Up trend will start soon (3-4 months)