Trade war de-escalation. The Fed will continue to cut rates. Politics is holding back the euro. Verbal interventions are helping the yen. The de-escalation of the US-China trade conflict has shifted market attention to central Read more…
EUR/USD edges higher within short-term ascending channel. But bulls struggle to build positive momentum. EURUSD has been steadily crawling higher over the past week, holding near the lower bound of the upward trending channel that’s Read more…
Daily Pivots: (S1) 1.1625; (P) 1.1638; (R1) 1.1659; More… Range trading continues in EUR/USD and intraday bias stays neutral. On the downside, below 1.1540 will resume the fall from 1.1917 and target 1.1390 support, or Read more…
Transcript: Caroline Woods: Joining me now, Zach Pandl, Head of Research at Grayscale. Zach, Thanks so much for being here. Zach Pandl: It’s my pleasure. Great to see you. Caroline Woods: So we’re here to Read more…
Daily Pivots: (S1) 1.3314; (P) 1.3333; (R1) 1.3356; More… GBP/USD dips notably today and focus is now on 1.3247 support. Firm break there will resume whole decline from 1.3725 and target 1.3140 cluster (38.2% retracement Read more…
Daily Pivots: (S1) 0.7942; (P) 0.7957; (R1) 0.7970; More… USD/CHF is still bounded in range and intraday bias remains neutral. On the downside, below 0.7913 will turn bias to the downside for 0.7872 support, and Read more…
Daily Pivots: (S1) 152.54; (P) 152.90; (R1) 153.23; More… Intraday bias in USD/JPY stays mildly on the downside for the moment. Fall from 153.24 is seen as the third leg of the corrective pattern from Read more…
Starlink has revolutionized the world of internet access, enabling just about anyone to access high-speed connectivity from anywhere in the world. While getting fast internet service to remote places used to be all but impossible, Read more…
Daily Pivots: (S1) 0.8721; (P) 0.8729; (R1) 0.8738; More… EUR/GBP’s break of 0.8750 resistance confirms resumption of whole rally from 0.8221. Intraday bias is back on the upside for 0.8867 fibonacci level. On the downside, Read more…
Sterling tumbled sharply today, hitting its lowest level against Euro in nearly a year as renewed fiscal concerns dominated sentiment. The selloff followed reports from the Financial Times that UK Chancellor Rachel Reeves will face Read more…