Cable dips 0.3% in Asian/early European trading on Wednesday after a multiple failures to clear the top of daily Ichimoku cloud. Long upper shadows on daily candles and narrowing ranges in past few sessions, confirmed Read more…
USDJPY stuck in a tight range in the past few sessions The pair is within breathing distance from 2023 peak Momentum indicators soften but remain positive USDJPY has been in a steady uptrend since late 2023, forming Read more…
NZDUSD is lower today after the RBNZ’s decision to keep rates unchanged It trades a tad above a very busy support area Momentum indicators are possibly preparing to send bearish signals NZDUSD is recording its Read more…
Gold price started a decent increase above the $2,028 resistance level. Crude oil prices are gaining bullish momentum and might rise toward $80.00. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started Read more…
Markets A batch of US data turned out mixed yesterday. Strong core capital good shipments (investment proxy) compensated for negatively distorted durable goods orders (Boeing). House prices rose in line with forecasts but consumer confidence Read more…
In focus today In Sweden we get PPI and trade balance data for January at 08:00 CET. We see no indications now that development will stop or that the export sector would cease to be Read more…
Apple abandoned its ambition to build an electric car. Yes, Apple car, which is in the making since the past decade, will never see the daylight. The company abandoned one of its biggest projects of Read more…
Daily Pivots: (S1) 190.50; (P) 190.84; (R1) 191.31; More…. Intraday bias in GBP/JPY is turned neutral again with current retreat. On the upside, decisive break of 61.8% projection of 178.71 to 188.90 from 185.21 at Read more…
Daily Pivots: (S1) 162.92; (P) 163.22; (R1) 163.55; More… Intraday bias in EUR/JPY is turned neutral gain with current retreat. On the upside, above 163.70 will resume the rise from 153.15 to 164.29 high. However, Read more…
Daily Pivots: (S1) 0.8542; (P) 0.8555; (R1) 0.8561; More… Intraday bias in EUR/GBP remains neutral for the moment. Risk stays mildly on the downside with 0.8577 resistance intact. Decisive break of t 0.8491/7 support zone Read more…