Daily Pivots: (S1) 152.92; (P) 153.12; (R1) 153.48; More… Intraday bias in USD/JPY is turned neutral first with 4H MACD crossed below signal line. Some consolidations could be seen first. But further rally is expected Read more…
Daily Pivots: (S1) 0.9068; (P) 0.9107; (R1) 0.9140; More…. Intraday bias in USD/CHF remains neutral for the moment, as consolidation from 0.9146 continues. Further rally is expected as long as 0.8996 support holds. Break of Read more…
Daily Pivots: (S1) 1.2516; (P) 1.2548; (R1) 1.2584; More… GBP/USD’s fall continues to as low as 1.2452 so far. Intraday bias stays on the downside for 100% projection of 1.2892 to 1.2538 from 1.2708 at Read more…
Daily Pivots: (S1) 1.0697; (P) 1.0727; (R1) 1.0755; More… EUR/USD’s decline extends through 1.0694 support today. The development confirms resumption of whole fall from 1.1138. Intraday bias stays on the downside for 100% projection of Read more…
Dollar’s rally presses on today and extends into early US session, reflecting continued strength even after a period of brief consolidation. Swiss Franc and Japanese Yen are also rebounding notably, indicating a broader trend of Read more…
In a Reuters interview, Boston Fed President Susan Collins revealed that she “in the range of two” rate cuts for this year, as per the quarterly forecast she submitted during the Fed’s March meeting. Collins Read more…
Check back for updates throughout the trading day U.S. equity futures moved lower again Friday, while the dollar tested multi-month highs against its global peers, as investors looked to the start of the first-quarter earnings Read more…
Updated at 7:34 AM EDT ‘JPMorgan (JPM) posted stronger-than-expected first-quarter earnings Friday but noted a quarter-on-quarter decline in one of its key profit metrics, sending the shares lower in pre-market trading and clouding the impact of the banking Read more…
Market picture The crypto market continues to avoid gaining momentum on the upside but remains within an uptrend: the bulls fail to accelerate price gains, but the overall upward trend remains. ‘Extreme Greed’ persists in Read more…
Gold climbed to new all-time high on Friday and cracked psychological barrier at $2400, remaining at a high speed and again taking just few days for a trip from one to another round-figure barrier. Growing Read more…