Markets run on a reflex. When the economic news looks good, traders go hunting for the reason it is secretly bad. That reflex was on full display Friday. The economy added 172,000 jobs in May, Read more…
Intraday bias in GBP/JPY stays neutral at this point. Risk stays mildly on the downside as long as 215.59 resistance holds. Below 212.90 will target 210.43/211.23 support zone. However, firm break of 215.59 will resume Read more…
Intraday bias in EUR/JPY remains neutral for the moment. Risks stay mildly on the downside as long as 186.18 resistance holds. Below 183.95 will bring retest of 182.01 support first. However, firm break of 186.18 Read more…
EUR/GBP is still bounded in sideway trading and intraday bias stays neutral. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. On the upside, break of 0.8728 resistance Read more…
Intraday bias in EUR/AUD remains on the upside for the moment. Rise from 1.6108 is in progress and should target 161.8% projection of 1.6108 to 1.6381 from 1.6186 at 1.6628 next. On the downside, below Read more…
Intraday bias in EUR/CHF is turned neutral again with current retreat, and some consolidations would be seen below 0.9234 temporary top. Further rise is expected as long as 0.9155 support holds. Above 0.9234 will bring Read more…
Brent oil price remains within a range between $90.00 and $95.00 for the fifth consecutive day despite renewed tensions in the Middle East and much stronger than expected draw in US crude inventories, as markets Read more…
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Market Overview The crypto market capitalisation has risen by 0.9% to $2.15 trillion over the past 24 hours, with gains broadly distributed among the most popular altcoins. In the short term, this looks more like Read more…
USD/JPY rose to 160.52 on Thursday, marking its highest level since July 2024. The Japanese yen remains under significant pressure despite a notable acceleration in Japan’s producer price inflation. According to the latest data, Japan’s Read more…