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Month: July 2024

Cryptocurrencies

Stock Market Today: Stocks gain amid ‘make-or-break’ week for markets

Check back for updates throughout the trading day U.S. equity futures moved modestly higher Monday as investors headed into perhaps the most important week of the year for global markets, with a plethora of blue Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

AUD/USD Gains Amid Anticipation for Key Economic Data

The AUD/USD pair is climbing towards 0.6552 on Monday. The Australian dollar is bouncing back from a 12-week low as investors await Australian inflation data. In the past two weeks, the AUD, in the currency Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

WTI Outlook: Oil Price Rises on Growing Geopolitical Tensions But Still Holding Under Key Resistances

WTI oil opened with gap higher on Monday, as supply worries rose after the latest escalation of the conflict in the Middle East, which threatens of deepening crisis. The price bounced from last week’s low, Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

Will Fed Signal a September Rate Cut?

Fed sees inflation on a path to remain low Investors expect three 25bps rate cuts by January Fed to keep rates untouched, focus on guidance The decision is published on Wednesday at 18:00 GMT Data Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

Gold Bounces Off 50-Day SMA

Gold was retreating from its all-time high But the 50-day SMA prevented further declines Despite latest weakness, oscillators remain neutral-to-positive Gold had been in a strong uptrend since late May, which led to a fresh all-time high Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

USD/CAD: Bullish Impulse Calling for Breakout

USDCAD is making a pretty strong rise after the Bank of Canada lowered rates by 25 basis points as expected last week. The price is now testing the major trend line resistance of this triangle Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 196.72; (P) 197.93; (R1) 198.96; More… Intraday bias in GBP/JPY remains neutral for consolidations above 195.84 temporary low. Further decline is expected as long as 202.08 support turned resistance holds. On the Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 166.19; (P) 167.10; (R1) 167.87; More… Intraday bias in EUR/JPY stays neutral for consolidations above 164.81 temporary low. Outlook will remain bearish as long as 169.98 resistance holds. On the downside, decisive Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8427; (P) 0.8439; (R1) 0.8449; More…. Intraday bias in EUR/GBP remains neutral for the moment. Recovery from 0.8382 could extend higher. But outlook will stay bearish as long as 0.8498 resistance holds. Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6540; (P) 1.6569; (R1) 1.6612; More… Intraday bias in EUR/AUD remains neutral for consolidations below 1.6642 temporary top. Further rally is expected as long as 1.6384 support holds. Corrective fall from 1.7062 Read more…

By , 11 months ago July 29, 2024

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