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Silver (XAG/USD) has broken above a multi-month bearish trendline. The short-term target for bulls is the psychological $80.00 level, with $75.00 confirmed as key support. Overbought momentum indicators on multiple timeframes suggest caution and patience Read more…
Congress returns to Washington this week with still no word as to when Fed Chair nominee Kevin Warsh will appear before the Senate Banking Committee as President Donald Trump’s pick to replace his nemesis Jerome Read more…
Market Overview The crypto market capitalisation rose by 4.53% over the past 24 hours to $2.52 trillion. The rise in cryptocurrencies was driven by an impressive recovery in risk appetite in traditional financial markets, with Read more…
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Daily Pivots: (S1) 214.23; (P) 214.80; (R1) 215.93; More… GBP/JPY’s break of 214.98 confirms up trend resumption. Intraday bias stays on the upside for 61.8% projection of 199.04 to 214.98 from 209.58 at 219.43. On Read more…
Daily Pivots: (S1) 186.62; (P) 187.08; (R1) 187.96; More… EUR/JPY’s up trend continues today and intraday bias remains on the upside for 161.8% projection of 180.78 to 184.75 from 182.56 at 188.98 next. On the Read more…
Daily Pivots: (S1) 0.8691; (P) 0.8711; (R1) 0.8725; More… EUR/GBP is extending consolidation pattern from 0.8740 and intraday bias stays neutral. Further rise is mildly in favor as long as 0.8675 support holds. Break of Read more…
Daily Pivots: (S1) 1.6514; (P) 1.6607; (R1) 1.6666; More… Intraday bias in EUR/AUD remains neutral. Outlook is unchanged that rebound from 1.6125 could have completed at 1.6842, after rejection by 55 D EMA (now at Read more…
Daily Pivots: (S1) 0.9194; (P) 0.9231; (R1) 0.9254; More…. EUR/CHF is extending consolidation from 0.9264 with another fall, and intraday bias stays neutral. Further rise is expected with 0.9155 support intact. Firm break of 0.9264 Read more…