Intraday bias in USD/CHF remains on the downside at this point. Rebound from 1.3480 might have completed with three waves up to 1.4247 already. Deeper fall should be seen to 61.8% retracement at 1.3773. On Read more…
GBP/JPY’s break of 55 4H EMA (now at 213.89) suggest that fall from 219.56 has completed at 209.55. Intraday bias is back on the upside for 61.8% retracement of 219.56 to 209.55 at 215.73. Firm Read more…
For years, Cloudflare (NET) was easy to explain. It helped websites load faster, blocked cyberattacks, and kept internet traffic moving. In the era of artificial intelligence, that description sounds outdated. Cloudflare’s second-quarter revenue climbed 36% Read more…
EUR/JPY’s break of 55 4H EMA (now at 183.14) suggests that fall from 187.42 has completed at 179.34. Intraday bias is back on the upside. Further rally should be seen to 61.8% retracement of 187.93 Read more…
Intraday bias in EUR/GBP stays neutral for the moment. While rebound from 0.9453 might extend, strong resistance should be seen from 0.8610 support turned resistance to limit upside. On the downside, break of 0.8528 support Read more…
Intraday bias in EUR/AUD remains neutral for the moment. Corrective pattern from 1.6108 (or 1.6125) is still extending. On the upside, above 1.6530 will target 1.6617 resistance first. On the downside, break of 1.6250 will Read more…
Intraday bias in EUR/CHF remains neutral and more consolidations could be seen below 0.8371. Further rally is expected as long as 0.9270 support holds. On the upside decisive break of 100% projection of 0.8979 to Read more…
The dollar index consolidates after Friday’s almost 0.5% drop, sparked by downbeat US nonfarm payrolls data which cooled expectations for Fed rate hike and deflated the greenback. Traders shift their focus on US July inflation Read more…
Market Overview The crypto market capitalisation has risen to $2.22T, returning to the levels seen at its two-week highs. Since the start of August, the balance of power has shifted in favour of buyers, but Read more…
The USD index plummeted amid a decline in US employment. Gold is benefiting from the Fed’s reluctance to raise interest rates. The US dollar touched a seven-week low after an unexpected labour market report. Employment Read more…