The AUDUSD hit new multi-month high in early Monday’s trading, following a probe above psychological 0.70 barrier for the first time since mid-August. Aussie is underpinned by renewed risk sentiment on expectations of Fed slowing Read more…
Gold price started a fresh increase from the $1,865 zone against the US Dollar. The price was able to settle above the $1,880 level to move into a positive zone. The pair even climbed above Read more…
EURUSD has been attempting a strong rebound since early October when its steep downtrend came to a halt at the 20-year low of 0.9535. In the last couple of daily sessions, the pair recorded a fresh Read more…
Gold prices are retreating after the rally towards a fresh almost-nine-month high of 1,928, holding well above the short-term upward sloping channel, suggesting more aggressive buying interest. The MACD oscillator is extending the positive momentum Read more…
Market picture The bitcoin price has surpassed $21K, adding around 23% over the week. Ethereum jumped 20% to $1570. Other leading altcoins in the top 10 gained between 9% (BNB) and 50% (Solana). Solana has Read more…
The Dax 40 extends gains as markets go risk-on post-US inflation. A bullish MA cross on the daily chart confirms increased risk appetite after a rally above last June’s high of 14650. As the RSI Read more…
The pound recouped losses as the UK’s economy avoided a contraction in November. However, overall sentiment still favours the single currency. A break above the higher band (0.8870) of the consolidation range means that the Read more…
The US dollar softened after Fed policymakers cheered the news of easing inflation. On the daily chart, the pair has remained under pressure after a tentative break below last April’s low of 0.9200. The current Read more…
Daily Pivots: (S1) 155.38; (P) 156.74; (R1) 157.83; More… Intraday bias in GBP/JPY remains on the downside for 155.33 support. Firm break there will resume whole decline from 172.11 to 153.70 fibonacci level. On the Read more…
Daily Pivots: (S1) 137.55; (P) 138.97; (R1) 139.94; More…. Intraday bias in EUR/JPY stays on the downside for retesting 137.37 support first. Break there will resume whole decline from 148.38 to 135.40 fibonacci level next. Read more…