The Canadian dollar has started the week with small gains. In the European session, USD/CAD is trading at 1.3958 at the time of writing, down 0.15% on the day. There are no tier-1 events out Read more…
As the GBP/USD chart shows today: → Since the start of the month, the pound has declined by approximately 2.5% against the US dollar. → The 1.2618 level has shifted from support to resistance (as Read more…
Market Picture The crypto market has recharged over the weekend. Positive traction resumed on Monday after the crypto market’s total capitalisation shrank by 150 billion from Saturday’s high near $3.39 trillion to Sunday’s low. We Read more…
MicroStrategy shares jumped in early Monday trading as bitcoin prices continue to test the $100,000 mark and a pair of Wall Street analysts boosted their price targets on the world’s biggest holder of the world’s Read more…
Check back for updates throughout the trading day U.S. equity futures powered higher in early Monday trading, while the dollar had its biggest pullback in two weeks and Treasury bonds rallied, as markets reacted to Read more…
Germany’s Ifo Business Climate Index declined to 85.7 in November, down from 86.5 in October, reflecting growing pessimism across key sectors of Europe’s largest economy. Current Assessment Index dropped from 85.7 to 84.3, indicating weaker Read more…
Gold price started a fresh increase above the $2,600 resistance level. WTI Crude oil prices climbed higher above $70.00 and might extend gains. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold Read more…
Markets The PMI’s on Friday again highlighted the divergence in growth and confidence between the US and EMU. The glimmers of hope some optimists saw in the October EMU PMI reading where brutally rejected by Read more…
Daily Pivots: (S1) 192.90; (P) 193.85; (R1) 194.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Current development suggests that corrective rise from 180.00 has completed with three waves up to Read more…
Daily Pivots: (S1) 159.94; (P) 161.21; (R1) 162.53; More…. Intraday bias in EUR/JPY remains on the downside for the moment. Current development suggests that corrective rebound from 154.40 has completed with three waves up to Read more…