Category: Cryptocurrencies

Back in late June, we talked about spotting a bear market rally, and how the market tends to rise though summer. Since then, most stock markets around the world have risen, and the Nasdaq even Read more…

The Euro started a fresh decline from well above the 1.0180 level against the US Dollar. The EUR/USD pair traded below the 1.0150 support zone to move into a bearish zone. There was a move Read more…

Daily Pivots: (S1) 135.06; (P) 135.48; (R1) 136.31; More… Intraday bias in USD/JPY stays on the upside at this point. Further rally would be seen to retest 139.37 high. Strong resistance could be seen there Read more…

Daily Pivots: (S1) 0.9521; (P) 0.9546; (R1) 0.9595; More… Intraday bias in USD/CHF remains mildly on the upside for 0.9648 resistance first Firm break there will bring stronger rally back to 0.9884 resistance next. On Read more…

Daily Pivots: (S1) 1.0047; (P) 1.0120; (R1) 1.0160; More… Intraday bias in EUR/USD stays on the downside for retesting 0.9951 low first. Firm break there will resume larger down trend trend. Next near term targets Read more…

Daily Pivots: (S1) 1.1876; (P) 1.1978; (R1) 1.2033; More… GBP/USD’s fall accelerates to as low as 1.1814 so far and intraday bias stays on the downside for retesting 1.1759 support. Firm break there will resume Read more…

Dollar rally continues today and it’s set to end the week on a high note. Risk aversion and rising benchmark yield are both helping the greenback. Swiss Franc is also strengthening a lot. Selling focuses Read more…

Canada retail sales rose 1.1% mom to CAD 63.1B in June, above expectation of 0.4% mom. That’s also the sixth consecutive monthly increase. Sales were up in 8 of 11 subsectors, representing 76.8% of retail trade. Read more…