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Month: October 2024

Cryptocurrencies

US Dollar Rallies as Fed Doves Lost Field

Surprise! The US economy added more than 250’000 new nonfarm jobs last month, the unemployment rate fell to 4.1% and wages grew faster than expected both on monthly and on a yearly basis. On a Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

Probability of 50bp Fed Rate Cut Declines After Strong Jobs Report

In focus today Today, 7 October marks one year since Hamas’ terrorist attack that started the ongoing conflict in Middle East. On the eve of the day of memorial, Israel expanded its attacks both in Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.82; (P) 194.17; (R1) 196.61; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.72; (P) 162.55; (R1) 164.07; More…. Intraday bias in EUR/JPY stays neutral at this point. On the upside, break of 163.47 resistance will resume the rebound from 154.40 to 61.8% retracement of Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8341; (P) 0.8374; (R1) 0.8396; More… Intraday bias in EUR/GBP remains neutral for the moment, and outlook stays bearish. On the downside, break of 0.8309 will resume larger down trend to 0.8201 Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6118; (P) 1.6137; (R1) 1.6174; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, firm break of 1.6184 resistance should confirm short term bottoming after defending 1.5996 key Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9384; (P) 0.9411; (R1) 0.9445; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. For now, the favored case is that rise from 0.9209 low is not finished yet. Break Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3538; (P) 1.3565; (R1) 1.3602; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Rebound from 1.3148 is in progress for 38.2% retracement of 1.3946 to 1.3418 at Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

AUD/USD Daily Report

Daily Pivots: (S1) 0.6769; (P) 0.6811; (R1) 0.6835; More… Intraday bias in AUD/USD remains on the downside for the moment. Fall from 0.6941 short term top is in progress for 55 D EMA (now at Read more…

By , 2 years ago October 7, 2024
Cryptocurrencies

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0937; (P) 1.0989; (R1) 1.1026; More…. Intraday bias in EUR/USD remains on the downside for the moment. Fall from 1.1213 is in progress for 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Read more…

By , 2 years ago October 7, 2024

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