GBPUSD rebounds off 200-day SMA But still holds in trading range in short-term RSI and MACD have weak momentum GBPUSD is making an attempt to climb above the short-term simple moving averages (SMAs), posting three Read more…
A 16% rally seen in Nvidia (ex-post earnings) has led the Nasdaq 100 to recoup its entire loss of -3.5% from last Friday, 16 February high to Wednesday, 21 February low. The current positive momentum Read more…
Markets “What’s the rush?” Fed governor Waller briefly and brightly summed up the string of Fed comments overnight (impact to be reflected in European open given Japanese close). The strength of the economy and recent Read more…
Whether you dream of being an influencer or are frequently on video calls, one of the newest iPhone accessories should be on your radar. Announced back at the 2024 Consumer Electronics Show, the Belkin Auto-Tracking Read more…
We knew that yesterday was going to be a good day – at least for the stock markets, given that Nvidia defied the expectations that it would – maybe – fail to deliver $20bn sales Read more…
In focus today The main event today will be the German Ifo print for February. The Ifo survey covers many more companies than the PMIs and it has somewhat contrasted the uptick seen in manufacturing Read more…
Daily Pivots: (S1) 190.02; (P) 190.43; (R1) 191.00; More… Intraday bias in GBP/JPY remains on the upside at this point. Current rally is in progress for 61.8% projection of 178.71 to 188.90 from 185.21 at Read more…
Daily Pivots: (S1) 162.48; (P) 162.97; (R1) 163.44; More… Intraday bias in EUR/JPY remains on the upside, as rise from 153.15 is in progress for retesting 164.29 high. Decisive break there will confirm larger up Read more…
Daily Pivots: (S1) 0.8538; (P) 0.8556; (R1) 0.8567; More… Intraday bias in EUR/GBP remains neutral at this point and outlook is unchanged. On the downside, break of 0.8535 minor support will bring retest of 0.8491/7 Read more…
Daily Pivots: (S1) 1.6470; (P) 1.6504; (R1) 1.6541; More… Intraday bias in EUR/AUD remains neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has Read more…