USDJPY trades sideways, hovering around the 150 level It remains close to its recent peak and it is comfortably above a key trendline Momentum indicators are mixed, all eyes on the stochastic oscillator USDJPY is trying Read more…
Markets US stock markets performed well this year despite the hawkish repositioning on bond markets. The Dow Jones, S&P 500 and Nasdaq are off their YTD/all-time highs, but record YTD gains of respectively 2.32%, 4.31% Read more…
Nasdaq 100 has remained sluggish and underperformed the Dow Jones Industrial Average since last Friday, 16 February. The recent underperformance of the Nasdaq 100 has been triggered by the concentration risk of its significant YTD Read more…
In focus today Today, we receive euro area consumer confidence figures for February. Consumer confidence is still at a low level which is likely the reason for the sluggish consumption ratio. Consumer confidence rebounded strongly Read more…
Nvidia hasn’t said anything yet, and the market is already making big swings – to give you an idea on the potential of a positive or a negative move when the results finally arrive. Yesterday, Read more…
Daily Pivots: (S1) 188.99; (P) 189.36; (R1) 189.70; More… Intraday bias in GBP/JPY remains neutral as consolidations continue below 190.05. Further rally is expected with 187.83 minor support intact. Break of 190.05 will target 61.8% Read more…
Daily Pivots: (S1) 161.78; (P) 162.07; (R1) 162.41; More… Intraday bias in EUR/JPY remains on the upside at this point. Current rally from 153.15 is in progress for retesting 164.29 high. On the downside, however, Read more…
Daily Pivots: (S1) 0.8546; (P) 0.8562; (R1) 0.8578; More… Intraday bias in EUR/GBP remains neutral for the moment and outlook is unchanged. On the downside, break of 0.8497 will resume recent fall to 0.8464 projection Read more…
Daily Pivots: (S1) 1.6469; (P) 1.6487; (R1) 1.6523; More… Intraday bias in EUR/AUD stays 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…
Daily Pivots: (S1) 0.9514; (P) 0.9523; (R1) 0.9542; More… Intraday bias in EUR/CHF remains on the upside for the moment. Current rise from 0.9252 should target 0.9574 fibonacci level next. However, considering possible bearish divergence Read more…