Market Picture According to the sentiment index, the cryptocurrency market remains in a state of fear at 28. Still, market capitalisation rose for the second day in a row as lower prices attracted buyers. Capitalisation Read more…
With the price of goods going up nowadays, minding your dollars and cents is a good idea. The average purchase price of a new vehicle in the U.S. is around $45,000, which translates into high Read more…
Check back for updates throughout the trading day U.S. equity futures bumped higher Wednesday. putting the S&P 500 on pace for its longest winning streak of the year, as investors key on rate cut signals Read more…
Gold trades higher, but withing a broader sideways range RSI and MACD imply strengthening upside momentum A break above 2388 could add to the bullish case A dip below 2340 may allow declines within the Read more…
Gold prices continue to experience an upward trend, reaching 2368 USD per troy ounce, fuelled by growing market anticipation of a potential rate cut by the US Federal Reserve. As investors focus on upcoming US Read more…
NZDUSD finds support at 200-day SMA Prices have been heading lower over the last month Stochastics and RSI keep downside move NZDUSD is posting notable losses after the RBNZ’s policy decision to leave interest rates Read more…
USDJPY edges higher after the pullback from 38-year high pauses The risk of a Japanese intervention is active at current levels Momentum indicators provide overbought signals USDJPY experienced a minor setback from its 38-year high of Read more…
The Reserve Bank of New Zealand (RBNZ) kept the interest rate unchanged at 5.5% on Wednesday. The decision to maintain the interest rate was anticipated. However, market participants noted a shift in the tone of Read more…
Markets Fed Chair Powell before Congress yesterday reiterated that the US economy is coming into better balance. It made considerable progress toward the Fed’s 2% target. The labour market has cooled but remains strong. Even Read more…
Daily Pivots: (S1) 174.06; (P) 174.33; (R1) 174.70; More… Intraday bias in EUR/JPY is back on the upside as recent up trend is trying to resistance. Sustained trading above 174.50 will target 138.2% projection of Read more…