U.S. equity futures were mixed in early Tuesday trading, following on from their strongest session in two months, with major indices are still on pace for the worst monthly performance of the year as high Read more…
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Prime Day has come and gone, but that doesn’t mean Read more…
GBPUSD stuck in a range after steep decline pauses Creates a pennant pattern, hinting at potential breakout Oscillators suggest that positive momentum is slowly picking up GBPUSD had been forming a profound structure of lower highs Read more…
EURJPY gains strong momentum; recoups previous losses Technical signals improve but major resistance intact EURJPY sped up to the 159.00 area on Tuesday after the Bank of Japan (BoJ) kept its yield curve control at Read more…
The price actions of AUD/USD have started to oscillate within an impending “Descending Wedge” bullish reversal configuration. The emergence of the “Descending Wedge” coupled with positive reading seen in the daily RSI momentum indicator indicates Read more…
Market picture The value of bitcoin has changed little over the past 24 hours, remaining at $34.3K – in the centre of the consolidation range of the past seven days. This ability to hold at Read more…
Markets Energy-related base effects caused significant slowdowns in headline inflation figures for the likes of Spain, Belgium and Germany, making way for a downward surprise in today’s EMU reading. German Bunds temporarily rallied, but failed Read more…
Daily Pivots: (S1) 180.81; (P) 181.35; (R1) 181.92; More… GBP/JPY recovered quickly after dipping to 180.74. Intraday bias stays neutral and further rise is still in favor. Above 183.79 will resume the rise from 178.02 Read more…
Daily Pivots: (S1) 157.64; (P) 158.29; (R1) 158.87; More…. Intraday bias in EUR/JPY remains neutral as it’s still bounded in range below 159.90. Further rise is in favor as long as 157.67 support holds. Above Read more…
Daily Pivots: (S1) 0.8707; (P) 0.8724; (R1) 0.8740; More…. Intraday bias in EUR/GBP stays neutral first. In case of deeper retreat, downside should be contained by 55 D EMA (now at 0.8652). Firm break of Read more…