Daily Outlook

Daily Outlook | ZFX Market Outlook

Forex Technical Analysis: Sell Stop AUDJPY?

ZFX – Today’s analysis will be focusing on forex, indices, cryptocurrencies (Ethereum), and American stocks (Netflix). There is also a little trading idea (signal) at

Concerns of the rising bond yields! Cautious sentiment arises

Concerns of the rising bond yields! Cautious sentiment arises

The benchmark 10-year Treasury yield jumped to 1.39% above, another new high since Feb 2020. ZFX analyst Jacob Leung said that, again it would be a “warning”. High yields in long terms mean less “easy borrowing” and of course, it will attract the market money back to the bond markets from equities.

Bitcoin’s “Bull”! A new all-time high again

Bitcoin’s “Bull”! A new all-time high again

Bitcoin hit a fresh record high above $52000 level on Wednesday. This valuable cryptocurrency is now still trading at $52000 level above in Asian session on Thursday despite the rebound of the greenback, while some analysts start to warn that the surge might be unsustainable, and the major investment banks also appear to be warning about bitcoin’s volatility.