The Euro stands at the front foot for the second consecutive day, boosted by improved sentiment on growing expectations for a de-escalation of the conflict in Ukraine that revived risk appetite. Tuesday’s first bullish close Read more…
USDJPY is creeping higher toward the 116.00 handle and the five-year high of 116.34 after recently bouncing off the Ichimoku cloud. The bullish simple moving averages (SMAs) are defending the broader positive structure. Currently, the Read more…
EURJPY entered a bear market in the long-term picture, falling harshly below its previous lows to bottom at a 16-month low of 124.38 last week. While the 20-day simple moving average (SMA) has just created Read more…
Apple’s 3-meter long Thunderbolt 4 cable. | Image: Apple Apple is listing a new 3-meter Thunderbolt 4 Pro cable on its store for $159, which is arguably far too much for a cable. But given Read more…
Asian stocks mixed as US and European futures attempt recovery US and UK ban on Russian oil imports could translate into global inflation shock EURUSD may sink towards 1.06 if ECB backs away from policy Read more…
Crude oil and natural gas prices surged during the overnight session after the United States and the UK announced new sanctions on Russia. In a statement, Joe Biden said that the US will stop importing Read more…
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of AUDUSD. In which, the decline from 25 February 2021 high is unfolding as a 7 swing corrective Read more…
The FTSE 100 struggles as the UK plans to ban Russian energy imports. On the daily chart, a break below the demand zone (6850) wiped out 11-months worth of gains and signaled a strong bearish Read more…
The Australian dollar stalls as commodity prices consolidate. The rally above 0.7310, a major supply area, has weakened selling pressure and put the pair on a bullish reversal course. The Aussie’s parabolic ascent and an Read more…
The Japanese yen softened after weaker-than-expected GDP in Q4. Despite choppiness in recent price action, confidence in the greenback remains high. A failed attempt at the supply zone (115.80) suggests a lack of momentum, but Read more…