Category: Cryptocurrencies

Markets: Inflation & recession fears are driving markets at the start of the new week. As was the case last week, the ‘bad news is good news for assets’-paradigm that facilitated a simultaneous rally in Read more…

Stocks are set to extend last week’s selloff as fears of the Fed hiking rates at a faster pace return ahead of the Jackson Hole Symposium. US futures Dow futures -1.0% at 33370 S&P futures Read more…

Daily Pivots: (S1) 0.9603; (P) 0.9637; (R1) 0.9660; More…. EUR/CHF’s down trend resumed by breaking through 0.9602 and intraday bias is back on the downside. Current down trend should now target 100% projection of 1.1149 Read more…

Daily Pivots: (S1) 136.02; (P) 136.62; (R1) 137.53; More… USD/JPY’s rally is still in progress and intraday bias remains on the upside for 139.37 high. Strong resistance could be seen from 139.37 high to bring Read more…

Daily Pivots: (S1) 0.9559; (P) 0.9579; (R1) 0.9604; More… USD/CHF’s rise from 0.9369 is still in progress and intraday bias stays mildly on the upside for 0.9648 resistance. Firm break there will bring stronger rally Read more…

Daily Pivots: (S1) 1.1765; (P) 1.1858; (R1) 1.1924; More… GBP/USD’s fall from 1.2292 is still in progress and intraday bias stays on the downside for retesting 1.1759 low. Firm break there will resume larger down Read more…

Daily Pivots: (S1) 1.0014; (P) 1.0058; (R1) 1.0083; More… EUR/USD’s fall from 1.0368 is still in progress and intraday bias stays on the downside for retesting 0.9951 low. Firm break there will resume larger down Read more…

Risk off sentiment appears to be intensifying today. Selloff in particularly serious in German DAX, while FTSE and CAC are also down. US futures are also pointing to a lower open while 10-year yield is Read more…

WTI oil gained traction on Monday and returned above $90 per barrel, as traders collect profits from last week’s drop to the lowest in seven months, after bears failed to register a weekly close below Read more…