Daily Pivots: (S1) 1.1993; (P) 1.2081; (R1) 1.2158; More… Outlook in GBP/USD is unchanged. Intraday bias remains mildly on the downside. Rebound from 1.1759 should have completed after hitting 55 day EMA. Deeper fall would Read more…
Daily Pivots: (S1) 0.9553; (P) 0.9602; (R1) 0.9665; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the upside, break of 0.9650, and sustained trading above 55 day EMA (now at 0.9647) Read more…
Daily Pivots: (S1) 133.21; (P) 134.36; (R1) 136.18; More… USD/JPY retreats mildly but intraday bias stays mildly on the upside. Rise from 130.38 should target a test on 139.37 high. Strong resistance could be seen Read more…
All eyes will be on US CPI, undoubtedly the week’s most important macro release on Wednesday. The US dollar has started the new week giving back some of its post-NFP gains, especially against the Australian Read more…
The New Zealand dollar has started the week with strong gains. In the European session, NZD/USD is trading at 0.6281, up 0.63% on the day. US Nonfarm payrolls send dollar higher The week ended with Read more…
Daily Pivots: (S1) 0.6863; (P) 0.6919; (R1) 0.6968; More… AUD/USD rebounds notably today but stays below 0.7045 resistance. Intraday bias remains neutral first. On the upside, break of 0.7045 will resume the rebound from 0.6680 Read more…
The financial markets are trading with a risk-on mood today. Major European indexes are trading up while US futures also point to higher open. Commodity currencies are trading generally higher, as led by Aussie. Meanwhile, Read more…
Illustration by Samar Haddad This morning, I was idly looking through my Twitter feed and came across a thread discussing Starbucks’ recent hiring of a former Pinkerton intelligence analyst, which led to a discussion of Read more…
This week we welcome Wolf Vollprecht (@wuoulf) as our PyDev of the Week! Wolf is a core maintainer of mamba, a Fast Cross-Platform Package Manager as well as xtensor, a C++ library meant for numerical Read more…
Both ethereum and bitcoin follow generally positive market sentiment and rise as another week starts. Nevertheless, bitcoin is clearly lagging behind. Ethereum breaks through near term resistance at 1783.2 today, as rally from 878.5 low Read more…