BTCUSD (Bitcoin) extended its pullback from the 200-day simple moving average (SMA) below the key 45,000 barrier on Wednesday, raising speculation that selling pressures could further grow in the short term. The momentum indicators endorse the negative Read more…
EUR/USD The bears still cannot gain enough momentum to violate the support zone at 1.0890 and the expectations for today’s trading session are for this level to limit the sell-offs and for the pair to Read more…
American stocks declined for the third straight day as concerns over the Federal Reserve continued. The Dow Jones declined by more than 300 points while the Nasdaq 100 fell by 350 points. Minutes published by Read more…
Markets FOMC Minutes took centre stage yesterday and rightly so. They confirmed willingness from Fed governors to step up the tightening cycle. Many participants noted that one or more [half-percentage-point] increases in the target range Read more…
Market movers today ECB minutes from the March meeting will be released today, focus will naturally be on the inflation outlook, recession risks and the pace of future policy normalization. Euro Area February Retail Sales Read more…
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The FOMC minutes gave the clarity that every investors was looking for: the Federal Reserve (Fed) will be scaling back its near $9 trillion balance sheet by $95 billion per month, more than a trillion Read more…
DXY: On the H1 timeframe, prices have approached pivot. We see the potential for a dip from our 1st resistance at 99.777 in line with which is an area of Fibonacci confluences towards our 1st Read more…
Daily Pivots: (S1) 161.44; (P) 161.86; (R1) 162.19; More… GBP/JPY is staying in consolidation from 164.61 and intraday bias remains neutral. Outlook remains bullish with 158.04 resistance turned support intact, and further rally is expected. Read more…
Daily Pivots: (S1) 134.58; (P) 135.03; (R1) 135.35; More…. Intraday bias in EUR/JPY remains neutral as consolidation from 137.50 is extending. With 133.70 minor support intact, further rally is expected. On the upside, sustained break Read more…