Bitcoin has been hovering around the 30K mark for a second day, forcing the rest of the crypto market to balance declines and gains. Ethereum has lost 1.2% in 24 hours but remains near 2,000. Read more…
NZDUSD improvements from the 0.6215 low are dwindling within the 0.6342-0.6410 region (previous support-now-resistance), which stretches back to mid-June 2020, following a five-week descent from the 0.7033 April high. Furthermore, the diving simple moving averages Read more…
Stock futures were indicating a lower open on Wednesday. Fed Chairman Jerome Powell said the Fed was determined to reduce inflation. Housing-starts and building-permits data are in focus. Target shares slipped before the retailer reports Read more…
Eurozone CPI was finalized at 7.4% yoy in April, unchanged from March’s reading. Core CPI was finalized at 3.5% yoy, up from March’s 3.0% yoy. The highest contribution to the annual Eurozone inflation rate came Read more…
Fragmentation, de-globalisation and the ageing of the global labour force can lead to more persistent inflationary pressures forcing central banks back to their core, price stability. ESG issues are becoming more complex when “S” and Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY , published in members area of the website. As our members know, we’ve been Read more…
Shanghai city’s authorities allowed some institutions to resume work after no new coronavirus cases. So that’s positive for stocks that were higher recently. Also, FED and ECB are ready for higher rates if data will Read more…
American stocks rose on Tuesday as the recovery rally continued. The Dow Jones rose by more than 175 points while the tech-heavy Nasdaq 100 index rose by more than 1.1% as the tech rally continued. Read more…
USDJPY is heading sideways, back and forth of the 20-day simple moving average (SMA) slightly above the 129.00 round number. The weak momentum is mirroring in the technical indicators as well, as the RSI is Read more…
EUR/USD The pair marked а third consecutive day of gains as yesterday’s session ended near the highs for the day. Trading has again resumed in the range between the support at 1.0482 and the resistance Read more…