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Month: March 2024

Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0782; (P) 1.0819; (R1) 1.0842; More… No change in EUR/USD’s outlook and intraday bias stays neutral. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0832) Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2598; (P) 1.2640; (R1) 1.2667; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8802; (P) 0.8825; (R1) 0.8870; More…. Intraday bias in USD/CHF remains neutral at this point. With 0.8727 resistance turned support intact, further rally is expected. On the upside, above 0.8884 will resume Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.24; (P) 149.97; (R1) 150.74; More… Intraday bias in USD/JPY stays neutral for the moment. On the upside, decisive break of 150.87 will resume whole rally from 140.25 to retest 151.89/93 key Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9529; (P) 0.9545; (R1) 0.9574; More… EUR/CHF’s rally re-accelerates today and breaks through 0.9575 fibonacci resistance. There is no sign of topping yet and intraday bias stays on the upside. Next target Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

Eurozone Inflation Surprises Support Euro, ECB’s Holzmann Urges Patience on Policy

Euro rises broadly today even though gains are so far limited. The common currency is lifted by stronger than anticipated Eurozone inflation figures, which suggests that the path to disinflation may be encountering obstacles. This Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

Apple slides as Goldman Sachs analysts unveil a big change to outlook

Apple  (AAPL)  shares moved lower again Friday, extending their year-to-date decline to around 3%, following a key analyst downgrade tied in part to the tech giant’s muted iPhone growth forecasts.  Apple shares have notably underperformed Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

Time to Take a Closer Look at Altcoins?

Market picture The cryptocurrency market has corrected by 2%, dropping below $2.3 trillion in market capitalisation. Now, this looks like a technical correction, with the biggest coins pulling back from Thursday night’s highs and holding Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

Stock Market Today: Stocks slip as tech rally stalls; Dell surges, NYCB plunges

Check back for updates throughout the trading day U.S. equity futures drifted lower Friday, following on from the first record close for the Nasdaq in more than two years, as investors looked to pause the Read more…

By , 2 years ago March 1, 2024
Cryptocurrencies

Eurozone CPI slows to 2.6%, core down to 3.1%, both above expectations

Eurozone CPI slowed from 2.8% yoy to 2.6% yoy in February, above expectation of 2.5% yoy. CPI core (ex-energy, food, alcohol & tobacco) slowed from 3.3% yoy to 3.1% yoy, above expectation of 2.9% yoy. Read more…

By , 2 years ago March 1, 2024

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