Trade idea: Short Nikkei Long NZDJPY The volatility of the recent week, ahead of the Italian election, has pushed up the safety havens assets as investors turned more risk averse, in particular the JPY appreciated significantly. However, we noticed that the Nikkei 225 Index does not weaken consequently so the Read more…
Trade Idea: Short AUD/JPY It is well known that the BoJ is pursuing a really aggressive expansionary monetary policy that clearly is pushing down the Yen compared to other currencies. However, we see a possible reverse in the short term trend of the pair AUD/JPY. From a technical point Read more…
Last week we issued a sell recommendation on the Blackberry maker, after we spotted a negative pattern in the chart, supported by fundamental arguments of a darkened sales prospect. The position returned a net profit of 9%, reaching our target level. We therefore now recommend to close the trade and Read more…
There is a strong trend in place and we believe that it may continue in future. On the macroeconomic point the BoE is committed to a strong expansionary monetary policy and the new president claiming that inflation target may notbe the only goal of the bank with more focus on Read more…
Trade Idea: play the positive momentum of the EUR/USD pair The EUR/USD exchange rate recently dropped down from a high of 1.364, reached on the 1st of February, to 1.3349. We believe that there is the space for a short term rebound of the pair up to 1.345-1.35 and maybe Read more…
Trade Idea: short position on Blackberry On the wave of the release of the new OS 10, the stock began an uptrend and kept its momentum until concerns about the stability of the customer base came out last week. The stock made a lower high around the $17 level and Read more…