The 10Y Us Yields have been pulling back since toping back in October at 4.33% but are they about to rebound from current levels?
Crude oil closed last week at a key confluence of supports ~$77, while completing a double top target.
The month of December is often a very big trading month. It’s the last month of the year and that brings with it a whole host of trading patterns we need to keep watch for. Firms can close up some/all positions to book year-end profits, and central banks issue their final monetary policy announcements for […]
Gold is testing the key confluence of resistances at $1680.
Following the FOMC decision, the USDJPY naturally looked poised to appreciate and it would have probably produced a legitimate breakout if it wasn’t for an intervention on behalf of the MoF of Japan.