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Month: June 2024

Cryptocurrencies

Fed Can End US Indices’ Divergence

The US indices, S&P500 and Nasdaq100, closed at new all-time highs, largely due to Apple’s positive performance. However, other markets and indices are far from similarly positive. This both leaves room for growth and indicates Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

Stock Market Today: Stocks higher with Fed, inflation data on deck

Check back for updates throughout the trading day U.S. equity futures nudged higher Wednesday, while Treasury yields held steady, as investors braced for a key May inflation report just hours ahead of the Federal Reserve’s Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

Crypto Market Took a Break from Support

Market picture The crypto market cap lost another 0.9% over the last 24 hours, pulling back to $2.44 trillion and extending losses from Friday’s peak to 8%. Since the end of the day on Tuesday, Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

NZDUSD Recoups Post-NFP Slide

NZDUSD surges to its highest since March 8 But undergoes a setback after strong NFP report Oscillators ease but remain in positive zones NZDUSD has been in an aggressive uptrend following its 2024 bottom of 0.5851 in Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.77; (P) 200.09; (R1) 200.49; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, decisive break of 200.72 will resume larger up trend. Nevertheless, break of 197.18 will Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 168.24; (P) 168.83; (R1) 169.37; More… Intraday bias in EUR/JPY remains neutral as range trading continues. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… Intraday bias in EUR/GBP remains on the downside. Current down trend should target 0.8376 projection level next. On the upside, above 0.8446 minor resistance will turn Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6217; (P) 1.6277; (R1) 1.6318; More… EUR/AUD is still bounded in range above 1.6211 and intraday bias stays neutral. On the downside, firm break of 1.6211 support will resume the whole decline Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9618; (P) 0.9639; (R1) 0.9661; More…. No change in EUR/CHF’s outlook and intraday stays on the downside. Deeper fall would be seen to 0.9563 support. Decisive break there will argue that whole Read more…

By , 2 years ago June 12, 2024
Cryptocurrencies

EURGBP Prints New 22-Month Low

EURGBP continues to fall after bearish gap Price shifts neutral outlook to negative MACD and RSI hold in oversold regions EURGBP opened with a significant bearish gap on Monday after the European elections on Sunday, Read more…

By , 2 years ago June 12, 2024

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  • GBP/USD Mid-Day Outlook
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