Category: Cryptocurrencies

The Bank of England’s policy decision on Thursday will come hot on the heels of the FOMC meeting the day before, which should mean lots of volatility for the GBP/USD pair. The cable has been Read more…

Gold retreated to $1633 by the start of this month, close to the lows of September and October, but gained about 1% surpassing $1650. We saw a similar buying spree the month before, and such Read more…

AUD/USD has put the brakes on a 3-day slide today and has posted sharp gains. In the European session, the Australian dollar is trading at 0.6449, up 0.81%. RBA delivers modest 0.25% hike As was Read more…

Daily Pivots: (S1) 0.9849; (P) 0.9908; (R1) 0.9942; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. Further rise is in favor as long as 0.9847 minor support holds. Break of 1.0092 will Read more…

Daily Pivots: (S1) 0.9972; (P) 1.0003; (R1) 1.0047; More… Intraday bias in USD/CHF remains neutral for the moment. On the upside, break of 1.0030 minor resistance will suggest that pull back from 1.0146 has completed Read more…

Daily Pivots: (S1) 147.92; (P) 148.38; (R1) 149.22; More… USD/JPY is extending the corrective pattern from 151.93 and outlook is unchanged. Deeper decline cannot be ruled out, but downside should be contained by 38.2% retracement Read more…

Daily Pivots: (S1) 1.1414; (P) 1.1514; (R1) 1.1567; More… Intraday bias in GBP./USD stays neutral and outlook is unchanged. Consolidation from 1.1664 could extend but overall, further rise is expected as long as 1.1256 minor Read more…