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Category: Cryptocurrencies

Cryptocurrencies

USD Breaking Down Towards 103/104

I hope you had a nice weekend and that you are ready on more volatile markets with plenty of important data on this week’s schedule. However, August is known as one of the slowest months Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

Sunset Market Commentary

Markets Core bond yields on Monday kicked off the new month in good spirits. German yields rose as much as 7 bps and a little less in the US. That happened even against the backdrop Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

Aussie Higher ahead of RBA Decision

The Australian dollar has posted strong gains today. In the North American session, AUD/USD is trading at 0.7030, up 0.57% on the day. RBA expected to hike by 50 bp The Reserve Bank of Australia Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

This Small-Cap Biotech Is My Top Stock to Buy in August

Avita Medical expects a big second half. Will that set the stage for a multiyear growth runway? The standard of care for treating serious burns hasn’t changed much in decades. When a large patch of Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 132.27; (P) 133.47; (R1) 134.44; More… Intraday bias in USD/JPY stays on the downside as fall from 139.37 is still in progress. Deeper decline should be seen to 131.34 resistance turned support Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9480; (P) 0.9537; (R1) 0.9572; More… USD/CHF’s decline resumes today and focus stays on 0.9471 resistance turned support. Stronger support should be seen from there to bring rebound. On the upside, above Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0164; (P) 1.0209; (R1) 1.0272; More… Range trading continues in EUR/USD and intraday bias stays neutral at this point. On the upside, above 1.0277 minor resistance will target 1.0348 resistance first. Break Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

Dollar Selling is Back While Yen Strength Continues

Dollar selling is back today while Yen’s strength continues. Euro is also soft as the second worst after the greenback. On other hand hand, Sterling is strengthening with help from buying against Euro. Commodity currencies Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2078; (P) 1.2162; (R1) 1.2261; More… Intraday bias in GBP/USD is back on the upside as rebound form 1.1759 resumed after brief retreat. Further rally should be seen to 1.2405 resistance first. Read more…

By , 4 years ago August 1, 2022
Cryptocurrencies

NZDJPY Wave Analysis

NZDJPY reversed from support level 83.10 Likely to rise to resistance level 84.30 NZDJPY currency pair recently reversed up from the strong support level 83.10 (low of the earlier waves (2) and 2), support trendline Read more…

By , 4 years ago August 1, 2022

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