USD/JPY rose to 157.65 on Wednesday, marking a third consecutive day of gains. The yen came under pressure following stronger-than-expected US inflation data, reinforcing expectations that the Federal Reserve will maintain its hawkish stance. Market Read more…
Market Overview The crypto market has been hovering around $2.7 trillion in market cap for the past 7 days. Interestingly, while recording relatively stable levels at the start of the day in Europe, the market Read more…
EUR/USD declined from 1.1800 and traded below 1.1750. USD/JPY is rising and might gain pace above 158.00 and 158.80. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline after a Read more…
Key Takeaways Nasdaq 100 extended its medium-term bullish trend to a fresh record high of 29,390, supported largely by explosive gains in semiconductor and AI-related stocks such as Intel, Advanced Micro Devices, and SanDisk. The Read more…
Markets UK gilts took a heavy blow on a toxic combination of political and fiscal uncertainty while a renewed oil price rise added further fuel to already lingering inflation risks. Prime minister Starmer for now Read more…
Daily Pivots: (S1) 212.67; (P) 213.43; (R1) 214.13; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 212.35 minor support will bring deeper fall back to 210.43 support. On Read more…
Daily Pivots: (S1) 184.45; (P) 184.95; (R1) 185.47; More… Intraday bias in EUR/JPY remains mildly on the upside at this point. Pullback from 187.93 could have completed at 182.01 already. Further rise would be seen Read more…
Daily Pivots: (S1) 0.8641; (P) 0.8669; (R1) 0.8695; More… EUR/GBP retreated after hitting 0.8695 and intraday bias is turned neutral first. Risk is mildly on the upside as long as 0.8618 support holds. Above 0.8695 Read more…
Daily Pivots: (S1) 1.6169; (P) 1.6231; (R1) 1.6262; More… Intraday bias in EUR/AUD remains neutral for the moment, and further fall is expected with 1.6371 resistance intact. On the downside, decisive break of 1.6125 will Read more…
Daily Pivots: (S1) 0.9151; (P) 0.9162; (R1) 0.9173; More…. Intraday bias in EUR/CHF remains neutral at this point. On the upside, break of 0.9177 minor resistance will turn bias back to the upside for 0.9264 Read more…