There were large reversal moves on the FX Indices, and, whether this is just a bit of mean reversion or a shift to a new trend is not clear. These are unusual times and trying to apply the logic of technical analysis might prove to be a fools folly, but, I’ll give it a go!

There is certainly a Friday 13th mood around the community as well as markets. There have been a number of trend line breakouts as a result of this extreme volatility.

Coronavirus-related fear has impacted stock markets across the globe but a few of the US majors have held up rather well for the time being. In this post I consider support levels in a worst-case type of scenario for a number of high profile US stocks in case this sell off continues.

I have also been asked to review QQQ so here is how I’m currently seeing this ETF. The QQQ ETF tracks the NASDAQ-100 index which a stock index made up of around 100 of the largest non-financial companies listed on the NASDAQ.

I have been asked to review the GBP/JPY so here is how I’m currently seeing this currency pair. This pair had been dominated by issues surrounding Brexit although it started to look like it was moving on from this but, then, a curve ball in the form of Yen strength and Coronavirus struck and is […]