Daily Pivots: (S1) 154.95; (P) 155.19; (R1) 155.57; More… GBP/JPY’s strong break of 155.38 minor resistance suggest that fall from 157.74 was merely a correction to rise from 148.49, and has completed at 152.88 already. Read more…
Daily Pivots: (S1) 114.13; (P) 114.46; (R1) 114.77; More… Intraday bias in USD/JPY is turned neutral first with current recovery from 114.14. Overall, corrective pattern from 116.34 is extending. Below 114.14 will target 113.46 and Read more…
Daily Pivots: (S1) 0.9172; (P) 0.9197; (R1) 0.9215; More…. Outlook in USD/CHF is unchanged and intraday bias remains mildly on the downside. Deeper fall would be seen to 0.9090 support. Firm break there will argue Read more…
Daily Pivots: (S1) 1.3531; (P) 1.3559; (R1) 1.3601; More… GBP?USD’s rebound from 1.3356 continues today and intraday bias remains on the upside for 1.3748 resistance. Firm break there will revive the case that correction from Read more…
Meta Platforms CEO Mark Zuckerberg lost $24 billion in 24 hours following a bad earnings report, while social media floods with crocodile tears. Some days it just doesn’t pay to be a billionaire. Case in Read more…
Daily Pivots: (S1) 1.1272; (P) 1.1301; (R1) 1.1335; More… EUR/USD’s rebound from 1.1120 accelerates higher today and intraday bias stays on the upside for 1.1482 resistance. Considering bullish convergence condition in daily MACD, a medium Read more…
It looks like ECB is beating BoE in the race of hawkish surprise in a jam-packed day. Sterling spiked higher after four of the nine MPC members have indeed voted for a larger hike of Read more…
Wormhole, which connects the two most popular blockchains, Ethereum and Solana, is offering hackers $10 million to return the money. It’s a bad streak for the cryptosphere, a dark series likely not to reassure even Read more…
Euro jumps broadly after ECB President Christine Lagarde turns a bit more hawkish in the post meeting press conference. She said that inflation is likely to remain elevated for longer than previously expected. The governing Read more…
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB Frankfurt am Main, 3 February 2022 Good afternoon, the Vice-President and I welcome you to our press conference. The euro area economy Read more…