Market picture Bitcoin’s record highs support the accelerated recovery of the crypto market. Its capitalisation reached $2.69 trillion (+1.6% in 24 hours), 10% below the record high of $2.97 trillion in November 2021. Extreme greed Read more…
Check back for updates throughout the trading day U.S. equity futures edged higher Monday, while the dollar slipped against its global peers, as investors looked to a key inflation reading tomorrow following a dovish February Read more…
Gold advances sharply after claiming 50-day SMA Generates consecutive record highs in recent sessions Momentum indicators flag overbought conditions Gold has been in a steep uptrend following its profound break above the 50-day simple moving average (SMA), Read more…
US 500 index trades lower after recording a new all-time high The pace of the rally remains aggressive but euphoria dominates Bears continue to closely monitor the stochastic oscillator’s movements The US 500 cash index is edging lower Read more…
Markets Vocal ECB members provided core bonds with some early momentum on Friday. Especially ECB Villeroy gave some support by suggesting that an April rate cut is still in play less than 24 hours after Read more…
The US economy added 275K new nonfarm jobs last month, significantly more than around 200K new job additions penciled in by analysts. But happily, the unemployment rate unexpectedly rose to 3.9% and wages grew slower Read more…
Daily Pivots: (S1) 188.45; (P) 189.08; (R1) 189.78; More….. Intraday bias in GBP/JPY remains neutral for the moment. On the downside, below 188.22 will resume the decline from 191.29 to 38.2% retracement of 178.32 to Read more…
Daily Pivots: (S1) 160.26; (P) 161.22; (R1) 161.82; More… Intraday bias in EUR/JPY is back on the downside with breach of 160.54 temporary low. Fall from 163.70 is resuming to 38.2% retracement of 153.15 to Read more…
Daily Pivots: (S1) 0.8491; (P) 0.8520; (R1) 0.8536; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target Read more…
Daily Pivots: (S1) 1.6451; (P) 1.6502; (R1) 1.6562; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed Read more…