Category: Cryptocurrencies

WTI crude slipped after a larger-than-expected rise in US stockpiles. A dip below the previous swing low at 78.00 has shaken out some weaker hands. A limited bounce came to a halt at 79.60 and Read more…

Gold surges as the US dollar tumbles across the board post-FOMC. On the daily chart, the precious metal is still grinding the demand-turned-supply zone 1950-1995. After a drop below 1915, a tentative breakout has been Read more…

The US dollar plunged after the Fed’s 25 bp hike raised hopes that the peak rate is getting closer. On the daily chart, the euro has bounced off the 20-day SMA (1.0800) as it sought Read more…

Daily Pivots: (S1) 1.3245; (P) 1.3313; (R1) 1.3358; More… Intraday bias in USD/CAD remains on downside at this point. Choppy decline from 1.3704 would target 1.3224 keys support level. Strong support is still expected there Read more…

Daily Pivots: (S1) 0.7067; (P) 0.7106; (R1) 0.7175; More… Intraday bias in AUD/USD is break on the upside with break of 0.7141 resistance. Current up trend from 0.6169 should now target 0.7304 fibonacci level. On Read more…

Daily Pivots: (S1) 0.9042; (P) 0.9113; (R1) 0.9155; More… Intraday bias in USD/CHF is back on the downside with break of 0.9084 support. On the downside, sustained break of 61.8% projection of 1.0146 to 0.9355 Read more…

Daily Pivots: (S1) 128.21; (P) 129.31; (R1) 130.07; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 127.20 will resume the whole decline from 151.93 and target 121.43 fibonacci Read more…

Daily Pivots: (S1) 1.2300; (P) 1.2347; (R1) 1.2420; More… Intraday bias in GBP/USD stays neutral as it’s still bounded in tight range below 1.2445/6. On the downside, firm break of 1.2252 minor support will turn Read more…

Markets The Fed unanimously decided to raise its policy rate by 25 bps to 4.5%-4.75%, in a second consecutive downshift (+75 bps in November; +50 bps in December). In its new policy statement, they still Read more…

Daily Pivots: (S1) 1.0894; (P) 1.0948; (R1) 1.1043; More… EUR/USD’s up trend resumed by breaking through 1.0928 resistance and intraday bias is back on the upside. Current rally from 0.9534 should target 61.8% projection of Read more…