Market Overview The crypto market capitalisation has returned to the $2.19T level, retreating into its previous trading range following a flight from risk assets on Thursday evening and the continuation of this trend on Friday Read more…
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The dollar heads into today’s session with one of the most important catalysts of the summer on deck: the July Non-Farm Payrolls report, due at 12:30 PM UTC. Economists expect around 95,000 jobs added, down Read more…
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USD/JPY stood at 158.39 on Friday, with the Japanese yen giving back some of the gains made following the joint intervention by Tokyo and Washington. The renewed weakness has once again raised expectations of possible Read more…
Intraday bias in EUR/USD remains neutral. On the upside, above 1.1559 will extend the rebound from 1.1323 to cluster resistance (38.2% retracement of 1.2081 to 1.1323 at 1.1613). Decisive break there will target 61.8% retracement Read more…
USD/JPY’s rebound from 155.22 extended higher. While further rise could be seen, sustained break of 55 4H EMA (now at 159.67) is needed to indicate that fall from 163.97 has completed. Otherwise, risk will remain Read more…
Intraday bias in GBP/USD stays neutral as range trading continues. Overall, corrective pattern from 1.3867 is still extending. On the upside, break of 1.3557 will extend the rise from 1.3139 to 1.3657 resistance first. On Read more…
USD/CHF is still staying in established range below 0.8205 and intraday bias remains neutral. Further rally is in favor with 0.8029 support intact. Firm break of 0.8205 will extend the rally from 0.7603 to 161.8% Read more…
Intraday bias in AUD/USD is turned neutral with current retreat. Above 0.7063 will extend the rise from 0.6864 to 100% projection of 0.6864 to 0.7026 from 0.6921 at 0.7083. Firm break there could prompt upside Read more…