Global markets sink as Russia finally launches invasion of Ukraine. Risk averse sentiment dominates, pushing gold and oil higher, while stocks and cryptocurrencies tumble. In the currency markets, Yen and Swiss Franc surge sharply on Read more…
DXY: On the H4, prices are on bullish momentum and abiding by an ascending trendline. We see the potential for further bullish continuation from our 1st support at 96.345 in line with 38.2% Fibonacci retracement Read more…
Bitcoin has lost a lot of ground, but several analysts believe the cryptocurrency will recover. Baron Rothschild, the 18th-century British nobleman and member of the Rothschild banking family, was quoted as saying “buy when there’s blood Read more…
The most popular of cryptocurrencies fell to its lowest level since June, dragging in its wake the entire market. The Russian attack in Ukraine on the night of Wednesday to Thursday slammed the market for Read more…
Stock futures plunge, oil and gold soar as long-anticipated invasion is launched. Russian military units invaded Ukraine overnight after months of threats and failed attempts at a diplomatic resolution, putting Europe in its greatest crisis Read more…
Bitcoin’s steep decline today affirms that case that corrective rebound from 33000 has completed at 45842, after failing to sustain above 55 day EMA. The development also argues that down trend from 68986 is ready Read more…
Gold’s rally resumed after brief consolidation and hits as high as 1931.07 so far. In any case, outlook will stay bullish as long as 1889.42 support holds. Next target is 100% projection of 1682.60 to Read more…
BoJ Governor Haruhiko Kuroda told the parliament, “unlike Western countries, we have no immediate plans to scale back our monetary stimulus.” But the central bank will continue to look at inflation expectations. “We will look Read more…
ECB Chief Economist Philip Lane said in an interview, “if inflation rates are moving towards our target in the medium term, which is now looking more likely – instead of being well below two per Read more…
Friday’s release is likely to lead to market volatility as market participants adjust to arguably the most important data release ahead of the Fed’s expected liftoff… As rising prices have become the primary focus of Read more…