Gold regained traction after a $100 per ounce pullback from new record high last week and pressuring again psychological $2400 barrier. Overall sentiment remains positive as geopolitical tensions and fears that the conflict in the Read more…
Cable found some footing and appears to be seeking stability after the latest inflation report. The CPI on a y/y basis was reported at 3.2%, a decrease from 3.4%. However, Cable is still ticking slightly Read more…
Market picture The crypto market avoided sharp moves on Tuesday, showing low volatility over the 24 hours and remaining near $2.3 trillion. The Crypto Fear and Greed Index added 2 points to 67 (greed) by Read more…
Check back for updates throughout the trading day U.S. equity futures bumped higher Wednesday, while Treasury yields and the dollar held steady, as investors looked to snap a three-day losing streak on Wall Street while Read more…
Eurozone CPI was finalized at 2.4% yoy in March, down from February’s 2.6% yoy. CPI core (energy, food, alcohol & tobacco) was finalized at 2.9% yoy, down from prior month’s 3.1% yoy. The highest contribution Read more…
Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As many of you already know, we’ve Read more…
Overbought signals persist as USDJPY approaches the 155.00 level Bullish trend expected to hold strong above 151.00 After an explosive bullish session on Monday, USDJPY is now a short distance below the 155.00 psychological level, recording its Read more…
Brent crude oil prices decreased slightly on Wednesday, falling to 89.50 USD per barrel. The decline is primarily attributed to concerns over global oil demand, particularly given the economic indicators coming out of China, the Read more…
The USD/JPY rate has consistently reached new highs since 1990, approaching the psychological level of 155 yen per US dollar. The Japanese currency has already fallen about 9% against the dollar this year. This is Read more…
EUR/USD started another decline and traded below 1.0700. USD/JPY surged and broke the 154.00 resistance zone. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline below the 1.0695 support zone. Read more…