GBPUSD is holding above the multi-year low of 1.1350, remaining within the long-term descending channel. The technical oscillators are suggesting some positive movement in the short-term, with the MACD surpassing its trigger line in the Read more…
EUR/USD The bulls managed to prevail, and during the early hours of today`s trading, the pair tested the resistance at 1.0033, but the breach is yet to be confirmed.. If this happens, then the appreciation Read more…
The Dow Jones 30 recoups losses ahead of the Fed’s policy meeting tomorrow. A bearish MA cross on the daily chart shows an acceleration to the downside and a break below 31000 has certainly put Read more…
The Japanese yen strengthened after August’s CPI beat expectations. The pair is looking to consolidate its recent gains after rising through June’s highs at 144.20. A bearish RSI divergence suggested a deceleration in the momentum, Read more…
The Australian dollar steadied after the RBA minutes hinted at a slowdown in hikes. A lack of support for the recent rebound is a sign that the bulls struggle to hold onto their gains. A Read more…
It’s been quite a volatile start to the week which is unlikely to abate considering what’s to come over the next few days. Central banks are lining up this week to deliver huge rate hikes Read more…
Credit: Ryan Haines / Android Authority There’s been a divisive trend in recent years for smartphone brands to ditch the in-box charger. This means you’ll need to rely on an older charger or buy a Read more…
Markets The new week didn’t bring any change to market trends/narrative going into multiple central banks decisions, including the FOMC announcement on Wednesday. Markets continue to prepare for (or is it rather push?) inevitable bold Read more…
The week kicked off on quite mixed sentiment. The German stocks gained, while CAC40 posted a small loss on Monday. The UK was closed due to Queen Elizabeth’s funeral and the US indices closed the Read more…
Daily Pivots: (S1) 1.3217; (P) 1.3281; (R1) 1.3316; More… USD/CAD retreated after hitting 1.3343, meeting 100% projection of 1.2005 to 1.2947 from 1.2401 at 1.3343. Intraday bias is turned neutral for consolidations first. Downside of Read more…