EURAUD bounces off 20-day SMA Momentum indicators confirm the weak momentum EURAUD has been developing within a trading range of 1.6440 to 1.6845 since August 23 with the short-term simple moving averages (SMAs) acting as mid-levels. The technical oscillators are confirming the sideways move, as the MACD is flattening near its zero level and the […]
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Bitcoin’s move above $80,000 may be the moment this rally changes character. What started as another rebound alongside surging tech stocks is now beginning to look more like a genuine momentum breakout—one that could pull Read more…
Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round Read more…
Markets A violent sell-off hit UK Gilts as local markets reopened following Monday’s Spring Bank Holiday. In a catch-up move to weakness in core bonds on Monday, UK yields jumped 9 to 10 bps across Read more…