global stocks slumps

WTI Technical Analysis Report 29 October, 2020

WTI testing support level 36.55 Likely to fall to 35.00 WTI has been falling in the last few trading session inside the short-term downward impulse wave (i), which started earlier from the resistance level 41.50…

Soybeans Technical Analysis Report 28 October, 2020

Soybeans reversed from resistance level 1080.00 Likely to correct to 1050.00 Soybeans falling strongly today - which follows the earlier sharp downward reversal from the long-term resistance level 1080.00 (which has been steadily reversing the…

Sugar Technical Analysis Report 27 October, 2020

Sugar testing resistance level 14.95 Likely to rise to 15.70 Sugar retains the strongly bullish tone after the price previously reversed up from the key support level 14.40 (former pivotal resistance from the start of…

FX Week Ahead – US Elections Near

There are a slew of geopolitical factors impacting global markets as we approach the last full week prior to US elections. Investors are focused on the battle between President Trump and former Vice President Biden,…

The Daily Fix

The 3 most important markets that hold all the clues through 2020  I wrote this last night and thought I'd share as I think its important. Consider that it is just a view and may…

The Daily Fix

A traders week ahead playbook & implied volatility matrix In terms of markets, the epi-centre of the world revolves around the US bond market - it is everything. On Friday we saw nominal bond yields…

The Daily Fix

Non-farm payrolls playbook  - will it prove to be a volatility event? We head into US non-farm payrolls (NFP) at 22:30 aest with a mixed picture cross-markets and we ask whether the jobs report affects sentiment, even if it…

oil

The challenges for Oil

This week we are starting to see oil cuts being rolled back, the historic supply cut agreement we have seen for much of the 2020 year ended on July 31. Concerns over to much oil…

The Daily Fix

Trader thoughts - downside risk to NFPs, but reflation is the play of the day  The reflation trade continues to evolve through markets and what has generally worked in markets continues to do so. The fundamental…

Gold still has more in it

Overnight Gold pushed past $2000.00 per ounce, and we are already seeing gold lovers talking about the $2100 and $3000 levels. It truly is a remarkable run for gold, this year alone it has had…