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Month: July 2023

Cryptocurrencies

Sunset Market Commentary

Markets With markets awaiting the restart of US trading, the China Caixin services PMI confirmed recent disappointing data, pointing to a lackluster recovery in the Chinese economy. This put markets in a mild risk-off modus Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

Sunset Market Commentary

Markets With markets awaiting the restart of US trading, the China Caixin services PMI confirmed recent disappointing data, pointing to a lackluster recovery in the Chinese economy. This put markets in a mild risk-off modus Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

Sunset Market Commentary

Markets With markets awaiting the restart of US trading, the China Caixin services PMI confirmed recent disappointing data, pointing to a lackluster recovery in the Chinese economy. This put markets in a mild risk-off modus Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3198; (P) 1.3228; (R1) 1.3252; More…. USD/CAD’s rebound from 1.3115 is trying to resume by breaching 1.3284 temporary top. Intraday bias is back on the upside for 55 D EMA (now at Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3198; (P) 1.3228; (R1) 1.3252; More…. USD/CAD’s rebound from 1.3115 is trying to resume by breaching 1.3284 temporary top. Intraday bias is back on the upside for 55 D EMA (now at Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

Gold in Recovery Mode But Bearish Structure Holds

Gold has been losing ground since mid-June, dropping below the 1,900 handle for the first in more than three months. However, the commodity managed to regain traction and jump above its 50-period simple moving average (SMA), Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

Bitcoin Retreats, But Ethereum Poised for a Bullish Breakout

Market picture Cryptocurrency market capitalisation fell 0.7% over the past 24 hours to $1.21 trillion, remaining near its peak since late April. The Cryptocurrency Fear and Greed Index retreated from 64 to 61 by early Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

Bitcoin Retreats, But Ethereum Poised for a Bullish Breakout

Market picture Cryptocurrency market capitalisation fell 0.7% over the past 24 hours to $1.21 trillion, remaining near its peak since late April. The Cryptocurrency Fear and Greed Index retreated from 64 to 61 by early Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

NZDUSD’s Next Battle at 0.6300

NZDUSD turned green after printing a doji candlestick around 0.6050 last Thursday, currently aiming to extend its winning strike above the 0.6200 round level. The latest rebound in the price has confirmed a higher low Read more…

By , 2 years ago July 5, 2023
Cryptocurrencies

Markets Slip Ahead of Fed Minutes, US NFP in Focus

Most Asian shares flashed red on Wednesday, with Chinese markets under renewed selling pressure after disappointing PMI data fuelled concerns over its weak economic recovery. European futures are pointing to a negative open despite stocks Read more…

By , 2 years ago July 5, 2023

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