The S&P 500 bounces as the shorts take profit ahead of Powell’s speech. The recent sell-off has stopped short at 4110, which is a daily support at the base of a bullish breakout. The level also coincides with the 30-day moving average, making it a congestion area. A bullish RSI divergence attracted bargain hunters with […]
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Aussie has staged a remarkable breakout today, surging broadly higher to clip a near four-year peak against Dollar. AUD/USD is now knocking on the door of a critical resistance zone at 0.72. Firm break above Read more…
We revise our view of RBA policy: 25bp hikes in both March and May expected. Single hike still possible but not our base case. The RBA is now expected to hike rates 25bp in both Read more…
Key Highlights Ethereum remained in a range above the $1,850 support. A rising channel is forming with support at $1,865 on the daily chart of ETH/USD. Bitcoin price started a fresh recovery wave above $68,000 Read more…