In focus today In the euro area, the June Sentix investor confidence index is released today. Markets look for an improvement to -14.6 (May: -16.4), extending last month’s positive momentum, although sentiment remains pessimistic amid Read more…
Key Takeaways AI-driven equities face their biggest setback in months. A sharp selloff in semiconductor and technology stocks, triggered by valuation concerns and disappointing guidance from key AI-related companies, has halted the nine-week Wall Street Read more…
Three major events dominate the week ahead, but they all revolve around a single question: how much of the recent oil shock will ultimately feed into inflation and alter the policy outlook? Last week’s stronger-than-expected Read more…
Japan’s economic expansion in Q1 was weaker than initially estimated, as a sharp downward revision to corporate investment offset improvements in consumption and trade. Revised government figures showed real GDP grew at an annualized 1.8% Read more…
Key Highlights EUR/USD started a major decline below 1.1600 and 1.1580. It traded below a contracting triangle with support at 1.1595 on the 4-hour chart. GBP/USD is again moving lower from the 1.3500 resistance zone. Read more…
For most of the week, markets continued their recent trends. Equities and the U.S. dollar moved higher, while oil traded mostly sideways as traders watched developments around Iran. Bitcoin was the most volatile market and Read more…
Bitcoin: ⬇️ Sell Bitcoin broke support level 60000.00 Likely to fall to support level 55000.00 Bitcoin cryptocurrency recently broke the support level 60000.00 (which stopped the previous sharp downward impulse wave (5) at the star Read more…
Ethereum : ⬇️ Sell Ethereum broke strong support level 1735.00 Likely to fall to support level 1400.00 Ethereum cryptocurrency recently broke below the strong support level 1735.00 (which stopped earlier sharp downward impulse wave (A) Read more…
EURUSD: ⬇️ Sell EURUSD broke support zone Likely to fall to support levels 1.1500 and 1.1450 EURUSD currency pair recently broke the support zone between the support level 1.1600 (which stopped earlier correction (2)) and Read more…
AUDJPY: ⬇️ Sell AUDJPY reversed from resistance level 114.60 Likely to fall to support level 112.40 AUDJPY currency pair recently reversed down from the resistance level 114.60 (which has been reversing the price from the Read more…