EUR/USD fell to 1.1919 on Friday. Despite this movement, the week ends with the US dollar experiencing its second consecutive decline. Pressure on the USD is driven by heightened geopolitical tensions and uncertainty about economic Read more…
In our 21 January note, titled “Bitcoin Falls Below $90k: Why Does It Matter?”, we confirmed the relevance of a system of two trend channels and highlighted that the price was sitting at the lower Read more…
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Daily Pivots: (S1) 1.1920; (P) 1.1958; (R1) 1.2010; More…. Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.2081. But downside of retreat should be contained by 1.1835 support. Decisive break Read more…
Daily Pivots: (S1) 152.69; (P) 153.12; (R1) 153.54; More… No change in USD/JPY’s outlook and intraday bias stays neutral. As noted before, fall from 159.44 is seen as correcting the rise from 139.87. Strong support Read more…
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As the U.S. Congress works toward reaching a deal to continue funding eight federal Cabinet-level departments before the government would shut down at midnight on Jan. 30, a key provision for Social Security is still Read more…
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Expedia Group has become the latest tech company to join the round of layoffs that have been keeping the market abuzz with unease and instability. LinkedIn was flooded on Wednesday, Jan 28, with posts from Read more…
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