Category: Cryptocurrencies

Daily Pivots: (S1) 1.2053; (P) 1.2068; (R1) 1.2085; More… Intraday bias in GBP/USD stays neutral at this point. On the downside, break of 1.1991 will resume the fall from 1.2445 to 55 day EMA (now Read more…

Daily Pivots: (S1) 0.9306; (P) 0.9326; (R1) 0.9343; More… Intraday bias in USD/CHF remains neutral for the moment, and further decline is in favor with 0.9378 resistance intact. On the downside, break of 0.9214 will Read more…

Daily Pivots: (S1) 132.36; (P) 132.80; (R1) 133.33; More… Intraday bias in USD/JPY stays neutral first . On the upside, firm break of 133.61 support turned resistance will indicate short term bottoming, after defending 55 Read more…

Daily Pivots: (S1) 0.8796; (P) 0.8806; (R1) 0.8823; More… EUR/GBP’s break of 0.8827 resistance argues that whole decline from 0.9267 has completed. Intraday bias is now back on the upside. Further rally would be seen Read more…

Daily Pivots: (S1) 1.3560; (P) 1.3599; (R1) 1.3622; More…. USD/CAD’s break of 1.3516 support argues that corrective recovery from 1.3224 might have finished at 1.3704 already. Intraday bias is now back on the downside for Read more…

Canadian Dollar is taking a pole position in quiet markets today. Overall picture is mixed, as other commodity currencies of Aussie and Kiwi are both losing some momentum. Dollar is turning slightly stronger, except versus Read more…

ECB Vice-President Luis de Guindos said in an interview, regarding how high are interest rates going to go, “that is something we will decide meeting by meeting and on the basis of incoming data, given Read more…

US goods exports dropped -3.1% mom to USD 168.9B in November. Goods imports dropped -7.6% mom to USD 252.2B. Trade deficit narrowed from USD -98.8B to USD -83.3B, much smaller than expectation of USD -96.9B. Read more…

The WTI oil price rose above $80 per barrel and hit the highest level in three weeks on Tuesday, as the latest easing of Covid restriction on China improved the outlook for demand, while cuts Read more…