Category: Cryptocurrencies

The Nasdaq 100 weakened after US jobless claims hit a five-month high. The index is struggling to hold onto its gains after it rose above the daily resistance at 12580. A drop below 12400, a Read more…

The euro soared after the ECB said it would kick off its rate hike cycle next month. The pair previously saw solid support at the double bottom at 1.4780. A break above 1.4910 has prompted Read more…

The US dollar bounces as traders reposition ahead of today’s CPI. On the daily chart, a break above the first resistance at 0.6550 and a MA cross suggest that the market mood may have brightened Read more…

Daily Pivots: (S1) 166.84; (P) 167.78; (R1) 168.87; More… Intraday bias in GBP/JPY remains neutral for consolidation below 168.67 temporary top. Downside of retreat should be contained above 162.88 minor support to bring another rally. Read more…

Daily Pivots: (S1) 141.97; (P) 143.08; (R1) 143.80; More…. With a temporary top formed at 144.23, intraday bias in EUR/JPY is turned neutral for consolidations. Downside of retreat should be contained by 139.99 resistance turned Read more…

Daily Pivots: (S1) 1.4891; (P) 1.4966; (R1) 1.5039; More… Intraday bias in EUR/AUD is back on the upside with break of 1.4965 minor resistance. Pull back from 1.5277 could have completed at 1.4759 already. Further Read more…

Daily Pivots: (S1) 0.8459; (P) 0.8525; (R1) 0.8565; More… EUR/GBP is still extending the consolidation from 0.8617 and intraday bias remains neutral. With 0.8365 support intact, further rise is in favor. On the upside, break Read more…

Daily Pivots: (S1) 1.0351; (P) 1.0432; (R1) 1.0492; More…. EUR/CHF retreated sharply after failing to break through 1.0513 resistance. Intraday bias is turned neutral first. On the upside, decisive break of 1.0513 will resume the Read more…

Daily Pivots: (S1) 1.2597; (P) 1.2651; (R1) 1.2753; More… USD/CAD’s break of 1.2685 minor resistance suggest that a short term bottom is formed at 1.2516, well ahead of 1.2401 support. Intraday bias is back on Read more…

Daily Pivots: (S1) 0.7059; (P) 0.7132; (R1) 0.7169; More… Intraday bias in AUD/USD stays neutral for the moment. Outlook is unchanged that further rise will remain in favor as long as 0.7034 support holds. Current Read more…