Market picture The cryptocurrency market is near 6-week highs, with capitalisation near $2.44 trillion, adding 0.5% in the last 24 hours. A wait-and-see attitude and some profit-taking replaced active buying in the last three days Read more…
The Australian dollar is coming off a rough week with losses of 1.45% and the downtrend has continued on Monday. AUD/USD is trading at 0.6664 in the European session, down 0.30% on the day at Read more…
The NZD/USD pair is experiencing a significant downturn, trading around 0.5996. Several factors influence this decline, including global political developments and domestic monetary policy expectations. The recent announcement by US President Joe Biden that he Read more…
Increased geopolitical tensions in the Middle East and US election uncertainty have caused a rise in safe-haven demand, particularly for Gold. The US Dollar has weakened due to concerns about a potential Kamala Harris presidency Read more…
Analysing the long-term BTC/USD chart on 16th May, we created a “roadmap” for Bitcoin’s price, which looked like an expanding fan and consisted of a median line with support levels below it and resistance levels Read more…
WTI oil price is holding within a narrow consolidation in early Monday, following sharp acceleration lower on Friday (down 2.8% for the day) and weekly loss of 4.3% (the biggest weekly drop since the last Read more…
Gold jumped to its highest level ever on July 17 But reversed lower due to reaching overbought conditions Despite latest weakness, oscillators remain positively tilted Gold had been in a steady uptrend since late May, which led Read more…
GBP/USD started a pullback from the 1.3050 zone. USD/CAD is rising and might aim for more gains above the 1.3735 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a downside Read more…
Daily Pivots: (S1) 1.0870; (P) 1.0889; (R1) 1.0903; More…. Intraday bias in EUR/USD stays neutral and further rise is in favor as long as 1.0871 minor support holds. Break of 1.0947 will target 100% projection Read more…
Daily Pivots: (S1) 1.2886; (P) 1.2930; (R1) 1.2958; More… Intraday bias in GBP/USD remains neutral first. Downside of consolidations should be contained by 1.2859 resistance turned support to bring another rally. Break of 1.3043 will Read more…