Cryptocurrencies
A Fragile Rebound
Wow, the month started very strongly, with Bank of Japan (BoJ) head Ueda hinting yesterday that the BoJ could deliver a rate hike next month — and boom, all hell broke loose. Japanese yields spiked Read more…
Wow, the month started very strongly, with Bank of Japan (BoJ) head Ueda hinting yesterday that the BoJ could deliver a rate hike next month — and boom, all hell broke loose. Japanese yields spiked Read more…
In focus today In the euro area, focus turns to the flash inflation data for November. On Friday we received data from the biggest four countries, which came in lower than expected pointing to unchanged Read more…
Daily Pivots: (S1) 1.3968; (P) 1.3985; (R1) 1.4015; More… USD/CAD recovered ahead of near term channel support and intraday bias is turned neutral first. Some consolidations could be seen above 1.3936 temporary low. But risk Read more…
Market sentiment steadied across Asia today, with most assets drifting in tight ranges after Monday’s volatility. The overnight selloff in the US was modest, and fears that Japan-led risk aversion would spill aggressively into global Read more…
Bitcoin’s sharp selloff this week indicates that the latest rebound has possibly already run its course, suggesting that medium-term correction is entering another downward phase. The move follows a difficult November, when Bitcoin posted its Read more…
New RBNZ Governor Anna Breman used her first appearance before a parliamentary committee to underline a back-to-basics approach for the central bank. She said her leadership will be “laser focused” on the core mandate of Read more…
Gold (XAUUSD) continues to exhibit a bullish sequence from the 28 October low, suggesting further upside potential. The rally from that low is unfolding as a five‑wave impulse, with wave 1 concluding at 4245.22, as Read more…
Key Highlights Ethereum struggled to recover above $3,050 and trimmed gains. ETH is well below a key bearish trend line with resistance at $3,260 on the daily chart. Bitcoin price gained bearish momentum and settled Read more…
Platinum: ⬇️ Sell Platinum reversed from strong resistance zone Likely to fall to support level 1600.00 Platinum recently reversed down from the strong resistance zone located between the resistance level 1722.00 (which stopped the pervious Read more…
Catalysts for movements in the US Dollar have been confusing all types of Market Participants. Reaching new cycle highs during the longest ever US Government shutdown (43 days), the Greenback consequently fell as the government Read more…