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Month: September 2022

Cryptocurrencies

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3108; (P) 1.3139; (R1) 1.3181; More… Range trading continues in USD/CAD and intraday bias stays neutral. Further rise is expected with 1.2971 support intact. On the upside, decisive break of 1.3222 will Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

CAD Steady after BoC Hike, GBP Pressing Pandemic Low

Canadian Dollar is steady in early US session after BoC delivered 75bps rate hike and maintained hawkish bias. Dollar remains the strongest one for the week, but continues to pick up momentum against Euro. Yen Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

BoC hikes 75bps, rates need to rise further

BoC raises the overnight rate target by 75bps to 3.25%. Correspondingly, the Bank Rate and deposit rate are now at 3.50% and 3.25% respectively. Hawkish bias is maintained as the Governing Council “still judges that Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

Wendy’s Drops Menu Classic, Adds Potential New Fan Favorite

The fast-food giant has never been afraid to take popular choices off the menu. Wendy’s (WEN) – Get Wendy’s Company (The) Report has quietly become the number two hamburger chain in the United States. That’s Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

(BOC) Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is also continuing its policy of quantitative Read more…

By , 4 years ago September 7, 2022
Android

How OPPO’s upgraded OS will change how you use your smartphone

Android 13 is here, and with it, OPPO has refreshed ColorOS not only with Google’s latest tweaks but a selection of new and improved in-house features. In addition to redesigned visuals and advanced customization tools, Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 0.9852; (P) 0.9919; (R1) 0.9974; More… Outlook in EUR/USD stays bearish even though downside momentum is a bit unconvincing. Decisive break of 61.8% projection of 1.0773 to 0.9951 from 1.0368 at 0.9860 Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1474; (P) 1.1541; (R1) 1.1588; More… GBP/USD down trend resumed after brief recovery and intraday bias is back on the downside. Firm break of 1.1409 long term support will pave the way Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9786; (P) 0.9824; (R1) 0.9881; More… No change in USD/CHF’s outlook as further rally is expected as long as 0.9691 support holds. On the upside, break of 0.9884 resistance will argue that Read more…

By , 4 years ago September 7, 2022
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.01; (P) 142.04; (R1) 143.83; More… Intraday bias in USD/JPY remains on the upside for 147.68 long term resistance. Break there will target 161.8% projection of 126.35 to 139.37 from 130.38 at Read more…

By , 4 years ago September 7, 2022

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Recent Posts
  • German Gfk Consumer Confidence Sinks to Two-Year Low as Inflation and War Fears Hit Sentiment
  • USD/JPY Daily Outlook
  • USD/CHF Daily Outlook
  • GBP/USD Daily Outlook
  • To Hike or Not to Hike? That’s the Question This Week
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