Daily Pivots: (S1) 129.83; (P) 130.34; (R1) 130.90; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 131.59 resistance will reaffirm the bullish case that consolidation from 134.11 could Read more…
This week we welcome Rodrigo Girão Serrã (@mathsppblog) as our PyDev of the Week! Rodrigo is the author of Pydon’ts – Write elegant code, a free Python book. Rodrigo also has a BootCamp, a cheatsheet Read more…
Daily Pivots: (S1) 155.59; (P) 156.11; (R1) 156.75; More… Intraday bias in GBP/JPY remains neutral for the moment, and consolidation from 157.74 could extend. Overall, further rise is still expected with 154.86 support intact. On Read more…
The markets are overall relatively quietly in Asian session today and trading could be subdued with US on holiday. Canadian Dollar is resilient with WTI oil staying firm at around 84 handle. Euro and Dollar Read more…
DXY: On the H4 timeframe, price is abiding to the ascending trendline support on the daily and descending trendline resistance on the H4. We can now expect price to push higher up to the 1st Read more…
Key Highlights EUR/USD rallied after it broke the 1.1400 resistance zone. A major bullish trend line is forming with support near 1.1340 on the 4-hours chart. GBP/USD rallied above 1.3700 before it faced sellers. USD/JPY Read more…
Bitcoin is now staying in consolidation above 39636 short term bottom, after quickly defending 40k handle. Considering that it’s sitting just above 39559 structural support too, the consolidation could extend for a while. But outlook Read more…
China GDP grew 4.0% yoy in Q4, much faster than expectation of 3.3% yoy. On a quarterly basis, GDP grew 1.6% qoq, above expectation of 1.1% qoq. For 2021 as a whole, GDP grew 8.1%, Read more…
AT -91.5k contracts net-short, it is the most aggressively bearish exposure on AUD futures by large speculators on record. AUD futures: Traders sold short 1.8k contracts against the Australian dollar and trimmed longs by -249 Read more…