Category: Cryptocurrencies

Daily Pivots: (S1) 115.29; (P) 115.58; (R1) 115.89; More… Intraday bias in USD/JPY remains neutral first. On the downside, below 115.00 will extend the fall from 116.33, as the third leg of the corrective pattern Read more…

Daily Pivots: (S1) 1.1318; (P) 1.1343; (R1) 1.1384; More… Intraday bias in EUR/USD remains neutral at this point. With 1.1265 minor support intact, further rally will remain mildly in favor. On the upside break of Read more…

Asian markets are cautiously optimistic as worries over Russia-Ukraine situation eased. While there are reports of cyber attacks by Russia on Ukraine’s defence ministry and banks, investors are still calm. If the risks of war Read more…

Australia Westpac-Melbourne Institute leading index rose from -0.1% to 0.4% in December. That’s the first positive, above trend, read on the since Since Delta outbreak last August. The index signalled that growth outlook has improved Read more…

ECB Executive Board member Isabel Schnabel said in an interview, ” it has become increasingly likely that inflation is going to stabilise around our 2 per cent target over the medium term.” There, “we should Read more…

ECB Governing Council member Francois Villeroy de Galhau, useful to have some transition between” the end of emergency PEPP purchases and the regular APP purchases. However, “this reduction could follow a bi-monthly or monthly pace Read more…

DXY: On the H4 timeframe, prices are abiding by a daily ascending trendline and are on bullish momentum. We see the potential for a bounce from our 1st support at 95.951 in line with 38.2% Read more…

Key Highlights Crude oil price extended increase and traded to a new multi-year high at $95.83. A major bullish trend line is forming with support near $91.50 on the 4-hours chart of XTI/USD. EUR/USD stayed Read more…

Since bottoming on March 18, 2020 low, Nike (NKE) rallied as a 5 waves into $179.10 which ended wave I on November 5, 2021 peak. Since then, the stock has corrected the cycle from March Read more…