EURUSD opened with gap-lower on Monday but dip was short-lived and larger bulls regained control and pushed the price towards last Friday’s new multi-week high (1.0842). Today’s dip was contained by psychological 1.0800 support (also Read more…
Market Picture The cryptocurrency market is moving up and down, experiencing increased volatility with swings between 2.0 and 2.15 trillion. These are very intense swings, reflecting the massive amounts of capital flowing through the market. Read more…
Honestly, this is Nothing’s best idea yet. I’ve never had so much fun taking a phone apart. That’s a misleading statement; I haven’t really taken any phones apart lately, but when CMF’s Phone 1 arrived, Read more…
China to gain more airtime this week The ailing housing sector and the bond rally in focus RBA remains hawkish, but consumer appetite is critical Aussie benefits from dollar weakness Market’s focus could turn to Read more…
In the Regional Economic Report, BoJ maintained its economic assessment for five out of Japan’s nine regions, while upgrading two and downgrading two. Eight regions, with the exception of Hokuriku, indicated that their economies had Read more…
EURUSD advances after violation of restrictive trendline Reclaims both 50- and 200-day SMAs Oscillators suggest that bullish forces are strengthening EURUSD has been attempting a recovery from its one-month low of 1.0666, with the price crossing Read more…
Gold slows pace after rebound off neckline RSI and stochastics look overstretched Gold prices jumped higher, meeting the restrictive region of 2,370–2,390, which is also acting as the right shoulder pattern in the short-term picture. Read more…
Markets The US payrolls added to recent evidence that the US labour market might be cooling. Headline June Job growth still printed at a solid 206k, but with a 111k downward revision for the previous Read more…
Daily Pivots: (S1) 1.0813; (P) 1.0827; (R1) 1.0854; More…. Despite some loss off upside momentum as seen in 4H MACD, intraday bias in EUR/SD stays on the upside with 1.0783 minor support intact. Rise from Read more…
Daily Pivots: (S1) 1.2773; (P) 1.2796; (R1) 1.2837; More… Rise from 1.2612 is in progress, and intraday bias in GBP/USD remains on the upside for 1.2859 resistance. Firm break there will resume the rally from Read more…