The markets are overall relatively quietly in Asian session today and trading could be subdued with US on holiday. Canadian Dollar is resilient with WTI oil staying firm at around 84 handle. Euro and Dollar Read more…
DXY: On the H4 timeframe, price is abiding to the ascending trendline support on the daily and descending trendline resistance on the H4. We can now expect price to push higher up to the 1st Read more…
Key Highlights EUR/USD rallied after it broke the 1.1400 resistance zone. A major bullish trend line is forming with support near 1.1340 on the 4-hours chart. GBP/USD rallied above 1.3700 before it faced sellers. USD/JPY Read more…
Bitcoin is now staying in consolidation above 39636 short term bottom, after quickly defending 40k handle. Considering that it’s sitting just above 39559 structural support too, the consolidation could extend for a while. But outlook Read more…
China GDP grew 4.0% yoy in Q4, much faster than expectation of 3.3% yoy. On a quarterly basis, GDP grew 1.6% qoq, above expectation of 1.1% qoq. For 2021 as a whole, GDP grew 8.1%, Read more…
AT -91.5k contracts net-short, it is the most aggressively bearish exposure on AUD futures by large speculators on record. AUD futures: Traders sold short 1.8k contracts against the Australian dollar and trimmed longs by -249 Read more…
Walmart files applications seeking trademarks for digital currency, software to manage cryptocurrency and other digital assets and for online retail services. Walmart (WMT) – Get Walmart Inc. Report is joining a number of other retailers who Read more…
‘We continue to see benefits from accumulated savings and an increasing push toward digital,’ said Michael Miebach. The omicron Covid variant apparently isn’t putting much of a damper on consumer spending so far. “We’re coming Read more…
New report details the increasing dominance of streaming, but live television endures. It’s officially a streaming world these days. But while viewership is down, there’s more life left in broadcast television than it might appear, Read more…