Daily Pivots: (S1) 0.9740; (P) 0.9797; (R1) 0.9859; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Break of 0.9634 minor support will suggest that larger down trend is ready to resume. Intraday Read more…
Daily Pivots: (S1) 1.1052; (P) 1.1143; (R1) 1.1260; More… GBP/USD’s rebound from 1.0351 is in progress and intraday bias stays on the upside, Further rally would be seen to 61.8% retracement of 1.2292 to 1.0351 Read more…
Funds appear to be flowing out of Euro and Swiss Franc, in relatively quiet trading today. Some focuses are on the Euro-denominated bonds issued by Credit Suisse, which dropped to record lows. Investors are concerned Read more…
The influencer Kim Kardashian was under investigation by regulators for promoting a crypto scam on social media. It is a decision that will shock the young crypto industry — and undoubtedly curb the enthusiasm of Read more…
Key themes: Here we will look at the key themes that we expect to be the key influences on the market this quarter and what they could mean for asset prices. 1) Inflation Inflation Read more…
EURUSD, the world’s most liquid currency market pair, ended September down 2.5%, having consolidated below parity. A combination of technical and fundamental factors raises the chances of a rebound in the pair, potentially translating into Read more…
AUD/USD has started the trading week with strong gains. The Aussie is trading at 0.6447, up 0.67%. Is the nasty slide over? The Australian dollar is coming off a third straight losing week. September was Read more…
Gold price started a fresh upward move from the $1,615 zone against the US Dollar. The price climbed above the $1,645 resistance zone to move into a positive zone. The pair even climbed above the Read more…
Investors look to kick off October on a positive note after September’s dismal losses, with Friday’s non-farm payrolls report in focus. Dow Jones Industrial Average futures ticked higher Monday as Wall Street looked to start Read more…
The Euro remains at the back foot on Monday, weighed by weak EU PMI data and higher oil prices, as well as bloc’s record inflation, while last Friday’s bearish Doji candle generates initial warning that Read more…