Nikkei Cracks Under 23k Macro Barrier
Nikkei 225 (NKY INDEX) has formed an overlapping rising wedge that spells trouble for the Japanese equity market as a second rejection at 23k is in...
280 Views
Sell USD Rally Attempts
Dollar Index (DXY) (DXY CURNCY) sell strength near 98.00-50 in line with the Euro near 1.1120 (between 1.12 and 1.1120). Macro conviction is to...
303 Views
Risk Aversion, Not Panic, in Face of Uncertainty
Major currencies, equity markets and the price of crude oil since 8th June – the cycle low in the US Dollar – have exhibited reasonably limited...
540 Views
USD Bounce Support with Sell a Bounce Macro Stance
Dollar Index (DXY) (DXY CURNCY) met the 97 downside target. 96.80 pivot support under pressure but the level to stage a tactical rally but must...
286 Views
Chinese Renminbi – Canary in the Coal Mine
While the United States and China have not gone as far as re-introducing or increasing tariffs on each others’ imports, the war of words between...
571 Views