Category: Cryptocurrencies

The first two trading sessions of the year have clearly shown that traders are sticking to the bearish patterns formed in the previous six months. Interestingly, oil is not even helped by apparent producer lethargy, Read more…

EUR/USD is almost unchanged on Thursday. The economic calendar is light, with no tier-1 events out of the eurozone. The US releases the ADP employment report and unemployment claims, ahead of the jobs report on Read more…

Daily Pivots: (S1) 1.0552; (P) 1.0593; (R1) 1.0646; More… Outlook in EUR/USD remains unchanged and intraday bias stays neutral. On the downside, break of 1.0481 will confirm short term topping, on bearish divergence condition in Read more…

Daily Pivots: (S1) 1.1981; (P) 1.2034; (R1) 1.2111; More… GBP/USD is staying in range above 1.1899 and intraday bias remains neutral first. On the downside, break of 1.1899 and sustained trading below 55 day EMA Read more…

Daily Pivots: (S1) 0.9241; (P) 0.9310; (R1) 0.9367; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. Risk stays mildly on the upside with 0.9199 short term bottom intact. Break of 0.9397 will Read more…

Daily Pivots: (S1) 130.82; (P) 131.77; (R1) 133.61; More… USD/JPY’s rebound from 129.49 extends higher today but stays below 134.49 resistance. Intraday bias remains neutral first. Considering bullish convergence condition in 4 hour MACD, firm Read more…

Dollar rises broadly in early US session as lifted by stronger than expected ADP private job data. Meanwhile, stock futures turn south, apparently triggered by affirmation of continuous tightening by Fed. Yet, traders would still Read more…