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Month: June 2023

Cryptocurrencies

AUD/USD: Bears Pausing But Hold Grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below 200DMA (0.6690) and daily Kijun-sen / 50% retracement of 0.6458/0.6899 upleg Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

AUD/USD: Bears Pausing But Hold Grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below 200DMA (0.6690) and daily Kijun-sen / 50% retracement of 0.6458/0.6899 upleg Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

AUD/USD: Bears Pausing But Hold Grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below 200DMA (0.6690) and daily Kijun-sen / 50% retracement of 0.6458/0.6899 upleg Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

AUD/USD: Bears Pausing But Hold Grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below 200DMA (0.6690) and daily Kijun-sen / 50% retracement of 0.6458/0.6899 upleg Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

AUD/USD: Bears Pausing But Hold Grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below 200DMA (0.6690) and daily Kijun-sen / 50% retracement of 0.6458/0.6899 upleg Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

AUD/USD: Bears Pausing But Hold Grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below 200DMA (0.6690) and daily Kijun-sen / 50% retracement of 0.6458/0.6899 upleg Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8934; (P) 0.8973; (R1) 0.9010; More… USD/CHF dips notably today but stays above 0.8900 temporary low. Intraday bias remains neutral first. Break of 0.8900 will resume the fall from 0.9146 to 0.8818 Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

SNB to pilot wholesale CBDC on SIX digital exchange

Switzerland’s central bank is making a foray into the realm of digital currencies. Thomas Jordan, Chairman of SNB, revealed plans to launch a wholesale central bank digital currency on the country’s SIX digital exchange, as Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

Bundesbank foresees difficult recovery for Germany, despite ended recession in Spring

In its latest monthly report, Bundesbank projected a somewhat gloomy economic outlook for Germany. The central bank expects the country’s GDP to shrink by a calendar-adjusted -0.3% for 2023, with subsequent growth projected at 1.2% Read more…

By , 2 years ago June 26, 2023
Cryptocurrencies

Gold Price Technical Analysis

On the hourly chart of Gold on FXOpen, the price struggled to clear the $1,938 resistance against the US Dollar. The price is now consolidating above the 50-hour simple moving average. On the upside, the Read more…

By , 2 years ago June 26, 2023

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