Last week, the BTC/USD rate rose to the level of USD 38k per coin on the excitement associated with the expected launch of a spot Bitcoin ETF. However, as the week begins, bitcoin price performance Read more…
Most Asian shares rose on Tuesday in cautious trading following the mixed performance from Wall Street overnight as investors braced for a key US inflation report. European markets were mixed ahead of the Germany ZEW Read more…
In today’s remarks at a central bank conference in Zurich, SNB Chairman Thomas Jordan warned that “price stability may not yet be ensured.” He pledged that the central bank “will not hesitate to tighten monetary Read more…
Daily Pivots: (S1) 185.42; (P) 185.87; (R1) 186.75; More… GBP/JPY’s rally resumed by breaking through 185.94 and intraday bias is back on the upside. Decisive break of 186.75 resistance will confirm resumption of larger up Read more…
Daily Pivots: (S1) 161.78; (P) 162.08; (R1) 162.61; More…. Intraday bias in EUR/JPY remains on the upside at this point. Current rally should target 163.06 projection level next. Strong resistance could be seen there to Read more…
Daily Pivots: (S1) 0.8698; (P) 0.8723; (R1) 0.8738; More…. Intraday bias in EUR/GBP is mildly on the downside at this point. Fall from 0.8754 is seen as the third leg of the consolidation pattern from Read more…
Daily Pivots: (S1) 1.6737; (P) 1.6780; (R1) 1.6821; More… Focus stays on 1.6843 resistance in EUR/AUD. Decisive break there will resume the rebound from 1.6319 for retesting 1.7062 high next. On the downside, however, below Read more…
Daily Pivots: (S1) 0.9635; (P) 0.9648; (R1) 0.9659; More… Intraday bias in EUR/CHF remains on the upside for the moment. Current rise from 0.9416 should target 0.9691 resistance. Firm break there will argue that whole Read more…
The US CPI is going to be an important event today, where investors will define next important move for the markets, as it may become clearer if FED really did not do enough to fight Read more…
Platinum (PL) may have ended the correction to the cycle from 9.1.2022 low and in the early stage of turning higher. If the pivot on September 2022 low at 796.8) breaks, it suggests a bigger Read more…