Eurozone goods exports rose 0.6% yoy to EUR 237.8B in September. Goods imports fell -0.6% yoy to EUR 225.3B. Trade balance reported a EUR 12.5b surplus. Intra-Eurozone trade fell -1.0% yoy to EUR 215.5B. In Read more…
AUD/USD is showing signs of stabilisation near 0.6465, marking its second consecutive session of attempts to recover. The Australian dollar finds some support from the hawkish comments made by Reserve Bank of Australia (RBA) Governor Read more…
Market Picture The crypto market capitalisation hit a new high of $3.09 trillion on Monday morning (+1% in 24 hours), driven by altcoins. The Cryptocurrency Fear and Greed Index reached 90 over the weekend, with Read more…
NZDUSD has been trading sideways for more than a year Bears try to push below the key support of 0.5855 RSI and MACD detect bearish momentum For the outlook to brighten, a move above 0.6220 Read more…
Gold makes recovery attempt after aggressive sell-off Technical signals welcome a bullish pivot but there is a wall at 2,600 Gold bounced up on Monday with scope to test the 2,600 round level after its Read more…
GBP/USD started a fresh decline below the 1.2750 zone. USD/CAD is rising and might aim for more gains above the 1.4100 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a Read more…
Markets Volatility remains high in the US Treasury market. We believed that Wednesday’s in-line with consensus CPI inflation report could be the start of a consolidation process on the sell-off which started mid-September. Fed Chair Read more…
Daily Pivots: (S1) 1.0506; (P) 1.0549; (R1) 1.0583; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen. But outlook will stay bearish as long as 1.0760 support turned resistance holds. On Read more…
Daily Pivots: (S1) 153.18; (P) 154.97; (R1) 156.07; More… Intraday bias in USD/JPY remains neutral and more consolidations would be seen below 156.74. Further rally is expected as long as 151.27 support holds. Above 156.74 Read more…
Daily Pivots: (S1) 1.2580; (P) 1.2638; (R1) 1.2680; More… Intraday bias in GBP/USD remains on the downside for the moment. Fall from 1.3433 is in progress for 100% projection of 1.3433 to 1.2842 to 1.3047 Read more…