Bitcoin has rebounded 5% in the past 24 hours, trading at $20,800. Ethereum has recovered 6.4% to $1130 in the same time frame. Leading altcoins in the top 10 are adding from a modest 3.5% Read more…
ECB Governing Council member Olli Rehn said, “with inflation rising sharply, there has been good reason to expedite the normalization of monetary policy,” “The impacts of Russia’s brutal war are being felt around the world, Read more…
Bulls pressure a multi-year peak at 135.57 on Tuesday after shallow pullback last week, as bear-trap under 112.06 Fibo support and Friday’s bullish engulfing signaled that bulls returned to power and accelerated rebound. Although daily Read more…
The AUDUSD remains constructive in early Tuesday, though the downside is still at risk after Monday’s action was strongly rejected at psychological 0.70 barrier, reinforced by falling 10DMA, which marks pivotal point. Technical studies on Read more…
GBP/USD rises despite train strikes GPB/USD is edging higher, holding onto gains from the previous session. The move higher comes thanks in part to the weaker USD and as the largest train strike in 30 Read more…
BoE Chief Economist Huw Pill said today, “we will do what we need to do to get inflation back to target. And at least in my view, that will require further tightening of monetary policy Read more…
EURJPY is still eagerly pushing for a close above the 142.00 psychological mark, which came to oppose Friday’s quick bounce on the 20-day simple moving average (SMA) and the 139.40 level. The ascending simple moving Read more…
A sense of normality seems to be returning to financial markets after the brutal selloff in global shares last week. Asian stocks rebounded on Tuesday following the positive cues from European markets overnight while U.S Read more…
Daily Pivots: (S1) 164.73; (P) 165.19; (R1) 165.91; More… No change in GBP/JPY’s outlook and intraday bias remains on the upside for retesting 168.67. Decisive break there will resume larger up trend. On the downside, Read more…
Daily Pivots: (S1) 141.45; (P) 141.91; (R1) 142.45; More…. No change in EUR/JPY’s outlook and intraday bias stays on the upside for retesting 144.23 high. Firm break there will resume larger up trend. On the Read more…