Category: Cryptocurrencies

USD/JPY continues to move edge higher and is up 1.6% this week. In the European session, USD/JPY is trading at 147.67, up 0.25%. The Japanese yen is once again on a downswing, after hugging the Read more…

Eurozone exports of goods rose 24.0% yoy to EUR 231.1B in August. Imports rose 53.6% yoy to EUR 282.1B. Trade deficit came in at EUR -50.9B. Intra-Eurozone trade rose 34.8% yoy to EUR 210.5B. In Read more…

USDCAD has been in a steep uptrend since mid-September when the price managed to forcefully cross above the 1.3222 region. Although the pair spiked higher to a fresh 29-month high in the previous daily session, Read more…

Daily Pivots: (S1) 163.67; (P) 165.48; (R1) 168.63; More… GBP/JPY’s rise from 148.93 resumed by breaking through 165.69 resistance. Intraday bias is back on the upside for 169.10 high. Decisive break there will confirm larger Read more…

Daily Pivots: (S1) 142.44; (P) 143.26; (R1) 144.77; More…. EUR/JPY’s rebound from 132.32 resumed by breaking 144.06 resistance. Intraday bias is back on the upside for retesting 145.62 high. Decisive break there will resume larger Read more…

Daily Pivots: (S1) 0.8570; (P) 0.8668; (R1) 0.8728; More… Intraday bias in EUR/GBP remains on the downside for the moment. Current fall from 0.9267 should target 61.8% projection of 0.9267 to 0.8647 from 0.8869 at Read more…

Daily Pivots: (S1) 1.5415; (P) 1.5477; (R1) 1.5526; More… EUR/AUD retreated again after hitting 1.5638 and intraday bias is turned neutral. For now, further rally will remain in favor as long as 4 hour 55 Read more…

Daily Pivots: (S1) 0.9713; (P) 0.9752; (R1) 0.9828; More…. EUR/CHF rebounded notably but stays below 0.9798 resistance. Intraday bias remains neutral first. On the upside, above 0.9798 will resume the rebound to 0.9864 resistance. Firm Read more…

Market picture Bitcoin added a modest 1.2% on Thursday, but this subtle result hides the real roller coaster. Bitcoin was losing 5% intraday, coming close to $18K, but following the stock market, it not only Read more…

GBPJPY posted a bullish rally over the last couple of days, rebounding off the 159.70 barrier and surpassing the SMAs as well. The pair is flirting with the 167.00 round number with the technical oscillators confirming the recent Read more…