GBPUSD bounces off 200-day SMA and regains ground But its advance meets strong resistance at 50-day SMA Momentum indicators turn slightly positive GBPUSD has been stuck in a rangebound pattern since mid-November, unable to adopt a clear Read more…
Overview Products Services Education Shipping Storage Digital tokens backed by real gold, gold coins and bars. Buying, selling, and trading digital gold via fiat exchanges. User guides, FAQs, and how-to videos International delivery of gold Read more…
The eurozone inflation report for February on the menu this week Most ECB members worry about the growth outlook after the mixed PMIs The euro continues to suffer again against the pound German CPI will Read more…
EURJPY creates bullish tendency in short- and long-term timeframes RSI indicates potential downside retracement EURJPY is retreating somewhat after the aggressive buying interest towards the three-month high of 163.70. The price has been developing an upward trend since the Read more…
In its latest Quarterly Predictions, NZIER noted there are “signs of further easing in inflation pressures” in New Zealand. But the pivotal question for RBNZ is whether this easing is “occurring at a fast enough Read more…
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPJPY. In which, the rally from 13 December 2023 low unfolded as an impulse sequence and called Read more…
Markets A news-poor trading session yesterday didn’t prevent German yields from rebounding sharply after Friday’s setback. A belated reaction to the hawkish ECB talk or simply repositioning ahead of the end of month and/or critical Read more…
Germany Gfk Consumer Sentiment for March ticked up from -29.6 to -29.0, matched expectations. In February, economic expectations rose from -6.6 to -6.4. Income expectations improved notably from-20.0 to -4.8. Willingness to buy fell from Read more…
European and American stocks kicked off the week with a pause, as investors took a breather after sending major stock indices in these regions to record highs. The Stoxx 600, the S&P500 and Nasdaq 100 Read more…
In focus today In the euro area, we look out for the January monetary aggregates and lending data. We focus on the lending data as there have recently been signs of a rebound in loan Read more…