Market picture The crypto market cap has fallen back below $2 trillion, accelerating its decline and losing over 8%, while many altcoins have suffered double-digit losses within the last 24 hours. Bitcoin pulled back to Read more…
French election: Will the far-right win a majority? French voters will head to the polls on Sunday, July 7 for round two of the parliamentary elections. In the first round, Mary Le Pen’s far-right National Read more…
Eurozone retail sales volume rose 0.1% mom in May, below expectation of 0.2% mom. Sales volume, increased by 0.7% mom for food, drinks, tobacco, and by 0.4% mom for automotive fuel in specialized stores. Sales Read more…
Daily Pivots: (S1) 205.24; (P) 205.82; (R1) 206.36; More… Intraday bias in GBP/JPY is turned neutral with current retreat and some consolidations would be seen below 206.15. Further rise is expected as long as 200.72 Read more…
Daily Pivots: (S1) 173.97; (P) 174.21; (R1) 174.61; More… Intraday bias in EUR/JPY is turned neutral first with current retreat, and some consolidations would be seen below 174.50. Further rally is expected as long as Read more…
Daily Pivots: (S1) 0.8460; (P) 0.8467; (R1) 0.8483; More… Intraday bias in EUR/GBP stays neutral and outlook is unchanged. On the upside, sustained trading above 55 D EMA (now at 0.8501) will extend the rise Read more…
Daily Pivots: (S1) 1.6047; (P) 1.6070; (R1) 1.6096; More… EUR/AUD is extending the consolidation from 1.5996 and intraday bias stays neutral. With 1.6211 support turned resistance intact, outlook remains bearish. On the downside, break of Read more…
Daily Pivots: (S1) 0.9711; (P) 0.9733; (R1) 0.9755; More…. Intraday bias in EUR/CHF is turned neutral with current retreat and some consolidations would be seen first. Further rally is expected as long as 0.9639 minor Read more…
GBPJPY remains in strong upside tendency in long-term RSI flirts with uptrend line above 70 Stochastic looks overstretched GBPJPY is declining somewhat after rallying to a fresh 16-year high of 206.15 earlier in the week. Read more…
EUR/USD rises above 1.0800 due to weak US economic data and a weaker USD. Market anticipates a 71.6% chance of a rate cut in September. DXY is at a psychological support level ahead of US Read more…