Check back for updates throughout the trading day U.S. equity futures slipped Friday while oil prices tumbled and the dollar held steady, as investors braced for a host of blue-chip earnings prior to the start Read more…
China’s CPI declines by 0.3% Fed’s Mester pushes back against March rate cut expectations The Australian dollar has edged higher on Friday. In the European session, AUD/USD is trading at 0.6693, up 0.09%. Policy makers Read more…
AUDUSD fails to fall below 0.6645 Price holds well above uptrend line RSI is flattening AUDUSD has been in a somewhat positive corrective mode during the week, earning back some losses from the December 28 Read more…
USDCAD pauses rebound near key resistance trendline Market sentiment remains fragile below 1.3440 USDCAD could not climb into the 1.3400 zone despite the slight positive surprise in the US CPI inflation numbers on Thursday, staying Read more…
UK GDP rebounds to 0.3%, but economy remains weak US inflation hotter than expected at 3.4% The British pound is showing limited movement on Friday. In the European session, GBP/USD is trading at 1.2769, up Read more…
Market picture Cryptocurrency market capitalisation is at the same level as the previous day at $1.76 trillion, with the market showing impressive intraday amplitude on Thursday, gaining and then losing around 7% across the major Read more…
DXY: The DXY (US Dollar Index) chart currently demonstrates a bearish overall momentum, indicating a weaker stance for the US Dollar. This momentum suggests the potential for a bearish continuation towards the 1st support level. Read more…
AUD/USD is moving higher and might rally if it clears 0.6725. NZD/USD is also rising and could extend its increase above the 0.6255 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today Read more…
GBP/JPY’s rebound 178.32 is in progress and intraday bias stays on the upside. Current rise should target a test on 188.63 high. On the downside, break of 182.73 support is needed to indicate completion of Read more…
Daily Pivots: (S1) 159.15; (P) 159.66; (R1) 159.95; More… Despite loss of upside momentum, further rally is expected in EUR/JPY for now. Rebound from 153.15 would target 100% projection of 153.15 to 158.55 from 155.06 Read more…