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Month: February 2024

Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.17; (P) 162.41; (R1) 162.86; More… EUR/JPY’s rally is in progress and intraday bias stays on the upside. Current rise from 153.15 is in progress for retesting 164.29 high. On the downside, Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 189.42; (P) 189.68; (R1) 190.21; More… GBP/JPY’s up trend is trying to resume by breaking through 190.05. Intraday bias is back on the upside for 61.8% projection of 178.71 to 188.90 from Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

Japan’s Stock Market Breaks Through the “Iron Coffin Lid”, Yen Broadly Lower

Japanese Yen had a broad-based declined in Asian session today, while Nikkei extended its recent up trend, momentarily reaching a new record high, ending the 34-year wait. This milestone is of considerable psychological significance for Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently exhibits bullish momentum, suggesting a potential bullish bounce off the 1st support level followed by a movement towards the 1st resistance. The 1st support level at 103.79 Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

Nvidia to Wall Street: Artificial intelligence is just getting started

Chip giant Nvidia  (NVDA)  gave tech investors relief on Wednesday. by In the days before the company announced its fourth quarter results, the stock had been looking wobbly, strange because it had been a powerhouse Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

Japan’s PMI composite drops to 50.3, from recovery to stagnation

Japan’s PMI Manufacturing dipped further to 47.2 from 48.0, marking the ninth consecutive month of sector contraction and hitting the lowest point since August 2020. PMI Services also declined, albeit more moderate, falling from 53.1 Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

Crude Oil Price Fails Again at $78.80, Are Dips Supported?

Key Highlights Crude oil prices failed again to clear the $78.80 and $79.20 levels. It traded below a major bullish trend line with support at $77.65 on the 4-hour chart. Gold prices could gain bullish Read more…

By , 2 years ago February 22, 2024
digital

The Samsung Galaxy S23 series will get AI features in late March

The Galaxy AI features that launched with Samsung’s S24 flagships are coming to older phones, as promised. | Photo by Allison Johnson / The Verge Right now, you need a Galaxy S24 phone to use Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

Australia’s Composite PMI climbs to 51.8, diminishing prospects for near-term RBA rate cut

Australia’s PMI Manufacturing fell sharply from 50.1 to 47.7 in February, with Manufacturing Output marking a 45-month low at 45.0. In stark contrast, PMI Services surged to a 10-month high of 52.8, propelling Composite PMI Read more…

By , 2 years ago February 22, 2024
Cryptocurrencies

New Zealand’s trade deficit widens, exports falls -7.1% yoy and imports down -20% yoy

New Zealand’s trade activity in January showed notable downturn, with goods exports dropping by -7.1% yoy to NZD 4.9B and goods imports declining by a substantial -20.0% yoy to NZD 5.9B. This resulted in trade Read more…

By , 2 years ago February 22, 2024

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