Category: Cryptocurrencies

The S&P 500 shot up as a hot CPI reading had previously been priced in. The index has given up all previous gains after it came to a halt at 3800. The supply area may Read more…

Silver steadies as the greenback consolidates across the board. The price has been struggling to consolidate its latest gains after meeting strong selling interest in the supply zone around 21.00. The precious metal is at Read more…

The US dollar whipsawed as high inflation persisted in September. On the daily chart, the pair has taken a breather after the RSI went deeply into the oversold area. Sellers’ profit-taking would not be enough Read more…

Markets This week’s long-drawn countdown to the US September CPI finally resulted in a few hours of extremely volatile trading annex a historic intra-day market reversal, in particular in US equities. Hoped for signals of Read more…

Daily Pivots: (S1) 0.9671; (P) 0.9739; (R1) 0.9845; More… Intraday bias in EUR/USD is turned neutral first with break of 0.9773 minor resistance. For now, outlook will remain bearish as long as 0.9998 resistance holds. Read more…

Daily Pivots: (S1) 1.1133; (P) 1.1257; (R1) 1.1455; More… Intraday bias in GBP/USD remains on the upside for 1.1494 resistance. Firm break there will confirm resumption of whole rebound from 1.0351. Next target is 61.8% Read more…

Daily Pivots: (S1) 0.9958; (P) 1.0016; (R1) 1.0072; More… USD/CHF retreated again after hitting 1.0072 and intraday bias is turned neutral first. on the upside, break of 1.0072, and sustained trading above 1.0063, will confirm Read more…

Daily Pivots: (S1) 146.58; (P) 147.12; (R1) 147.78; More… Intraday bias in USD/JPY stays on the upside at this point. Firm break of 147.68 long term resistance will target 149.26 projection level, and possibly to Read more…

Daily Pivots: (S1) 1.3650; (P) 1.3813; (R1) 1.3920; More… USD/CAD retreated notably after rising to 1.3976 and intraday bias is turned neutral first. Outlook will stay bullish as long as 1.3501 support holds. Firm break Read more…

USD/JPY: The current general bias for USDJPY on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. Overnight, the price has Read more…