The Euro reduced speed on Thursday after post-Fed 0.83% jump and still holding below pivotal Fibo barrier at 1.0270 (38.2% of 1.0786/0.9952 descend) where bulls were trapped last week. Support from unclear signals about the Read more…
Eurozone Economic Sentiment Indicator dropped from 103.5 to 99.0 in July. Industrial confidence dropped from 7.0 to 3.5. Services confidence dropped from 104.1 to 10.7. Consumer confidence dropped from -23.8 to -27.0. Retail trade confidence Read more…
Daily Pivots: (S1) 165.07; (P) 165.70; (R1) 166.75; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Corrective pattern from 168.67 could still extend further. Below 162.98 minor support will target 160.37. Nevertheless, Read more…
Daily Pivots: (S1) 138.70; (P) 139.10; (R1) 139.77; More…. Intraday bias in EUR/JPY stays mildly on the downside. Current decline from is seen as a falling leg inside the corrective pattern from 144.23. Deeper decline Read more…
Daily Pivots: (S1) 0.8369; (P) 0.8397; (R1) 0.8419; More… EUR/GBP’s fall from 0.8720 resumed by breaking through 0.8401 support. The development also affirms the case of rejection by 0.8697 fibonacci level. Intraday bias stays on Read more…
Daily Pivots: (S1) 1.4546; (P) 1.4607; (R1) 1.4644; More… Intraday bias in EUR/AUD remains on the downside and outlook is unchanged. Fall from 1.5396 should target a test on 1.4318 low next. Decisive break there Read more…
Daily Pivots: (S1) 0.9751; (P) 0.9774; (R1) 0.9810; More…. EUR/CHF is losing downside momentum again. But further decline is still expected as long as 0.9948 resistance holds. Current down trend should target 0.9650 long term Read more…
The major cryptocurrencies have been steadily climbing since mid-June, recovering somewhat from the heavy losses suffered from April and emulating the stock rebound on Wall Street. Bitcoin has gained a healthy 30% from the June Read more…
WTI oil futures (September delivery) have been losing ground since early June when the price failed to surpass the 121.00 mark. However, a further decline has been rejected multiple times by the 200-day simple moving Read more…
Bitcoin has surpassed the $23170 mark, adding more than 9% in the past 24 hours. Ethereum jumped 13% to $1640. Other leading altcoins in the top 10 have gained between 6% (BNB) and 15% (Polkadot). Read more…