Check back for updates throughout the trading day U.S. equity futures moved higher Tuesday, powered in part by upside moves in megacap tech stocks, as investors looked to reverse Monday’s modest declines while eyeing a Read more…
EURCHF looks strongly bullish this year Technical oscillators confirm upside tendency EURCHF has added almost 6% since the beginning of the year, recording a new eight-month high of 0.9786. The pair is creating a steep upward tendency with no Read more…
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Ethereum ETHUSD published in members area of the website. As our members know ETHUSD has Read more…
This morning, news about inflation in Japan was published. It did not bring any surprises — inflation in Japan is gradually weakening as expected. Core CPI in annual terms: actual = 2.3%, forecast = 2.5%, Read more…
Cable remains constructive in early Tuesday’s trading, after it was lifted by better than expected UK data on Monday and fading expectations for BOE rate cut in May. Fresh recovery was also underpinned by a Read more…
The USD/JPY pair stabilised around 151.35 by Tuesday, not far from its recent peaks, as the weakness of the Japanese yen has prompted verbal interventions from Japanese authorities. Japan’s Finance Minister, Shunichi Suzuki, mentioned that Read more…
The surprise rate cut by SNB has reinforced the bearish momentum of CHF/JPY. CHF has weakened across the board against the G-10 currencies; it is the weakest against the EUR. Watch the 169.00 key short-term Read more…
GBPUSD finds support at uptrend line But short-term outlook remains neutral MACD and RSI are mixed GBPUSD rebounded off the 200-day simple moving average (SMA), which coincides with the 1.2595 support level and the medium-term Read more…
In a modest uptick, Germany’s GfK Consumer Sentiment Index for April has slightly improved to -27.4 from March’s -28.8, marginally above expectation of -27.8. March’s data revealed an improvement in economic expectations and income outlooks, Read more…
Markets In a more or less synchronic, technically inspired move US, EMU and UK bond markets reversed most of Friday’s rally. Eco data were few and mostly second tier. Marginally softer-than-expected US new homes sales Read more…