Check back for updates throughout the trading day U.S. equity futures nudged lower in early Monday trading, while the dollar and Treasury yields steadied, as investors looked to defend the market’s solid December rally ahead Read more…
Market Picture The cryptocurrency market corrected 1.2% in 24 hours, but the 5% gain for the week still indicates a strong bull market despite more frequent mini-corrections. Bitcoin is failing to consolidate above $100K, which Read more…
The AUD/USD chart reveals that since late October, the pair has been in a downtrend. This is largely driven by monetary policy differences: while the Federal Reserve has begun cutting interest rates, the Reserve Bank Read more…
Investor sentiment in the Eurozone deteriorated sharply in December, with the Sentix Investor Confidence Index dropping to -17.5 from -12.8, significantly below expectations of -13.1. This marks the weakest reading since November 2023. Current Situation Read more…
Gold price is consolidating above the $2,600 support zone. Crude oil is showing bearish signs and might decline below $66.80. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a recovery wave Read more…
Daily Pivots: (S1) 190.36; (P) 191.42; (R1) 192.12; More… Intraday bias in GBP/JPY remains neutral at this point. Recovery from 188.07 might extend higher. But outlook will stay bearish as long as 55 D EMA Read more…
Daily Pivots: (S1) 157.92; (P) 158.75; (R1) 159.40; More… Intraday bias in EUR/JPY stays neutral for the moment. While recovery from 156.16 could extend higher, outlook will stay bearish as long as 55 D EMA Read more…
Daily Pivots: (S1) 0.8282; (P) 0.8291; (R1) 0.8304; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen above 0.8259 support. On the downside, decisive break of 0.8259 will resume larger down Read more…
Daily Pivots: (S1) 1.6433; (P) 1.6498; (R1) 1.6603; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. Some consolidations would be seen below 1.6559. But further rally is expected as long as Read more…
Daily Pivots: (S1) 0.9259; (P) 0.9289; (R1) 0.9317; More…. Intraday bias in EUR/CHF stays mildly on the downside at this point. Recovery fro 0.9204 could have completed after repeated rejection by falling 55 4H EMA. Read more…