EURGBP dips in early Thursday’s trading, after a double upside failure at falling 100DMA (0.8572), the lower boundary of strong resistances at 0.8580 zone (including Fibo 38.2% of 0.8714/0.8498 downtrend and a multiple spike highs). Read more…
The Euro remains constructive and ticks higher in early Thursday after Wednesday’s 0.5% bounce from new multi-month low, but initial reversal signal still needs more evidence to be validated, as daily studies are predominantly bearish. Read more…
The British pound sterling is showing signs of recovery, bouncing back from a five-month low, with GBP/USD stabilising around the 1.2470 mark on Thursday. This rebound is attributed to the release of UK inflation data, Read more…
The Australian dollar is steady on Thursday. In the European session, AUD/USD is trading at 0.6442, up 0.12%. Australia’s employment declines Australia’s job growth hit the breaks in March and fell by 6,600. This missed Read more…
Check back for updates throughout the trading day U.S. equity futures nudged higher Thursday, while the dollar gave back recent gains against its global peers, as investors crept back into global risk markets following a Read more…
Photo by Chris Welch / The Verge Nothing has announced that it plans to more deeply integrate ChatGPT with its smartphones and earbuds. The move will give the company’s customers quicker access to the service. Read more…
During a European Parliament hearing today, ECB Vice President Luis de Guindos stated that ECB has been “crystal clear” on its conditional guidance regarding interest rate cut. “If things continue as they have been evolving Read more…
WTI oil futures complete bearish triangle pattern after Wednesday’s drop Bullish pressures could still resurface as long as the price holds above 81.50 WTI oil futures tumbled by 2.8% to 82.84 on Wednesday, experiencing one Read more…
WTI oil price dips further in early Thursday, in extension of previous day’s 3% drop (the second biggest daily loss in 2024) and hit new three-week low. Stronger than expected rise in US crude inventories Read more…
Daily Pivots: (S1) 191.70; (P) 192.27; (R1) 192.86; More.. Range trading continues in GBP/JPY and intraday bias stays neutral. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Read more…