Markets More headlines about a Russian pullback hit the wires. Momentum started shifting yesterday after Russian defense minister Shoigu told president Putin that some of the country’s military drills have already ended and others were Read more…
USDCAD is trading around the 50- and 100-period simple moving averages (SMAs), which appear to have hindered the decline from the 1.2800 handle from diving towards the lower regions of the two-week sideways market. The Read more…
US stocks point to a strong start as Russia pulls some troops back from the border with Ukraine, easing tensions. Risk assets rally. US futures Dow futures +1.06% at 34917 S&P futures +1.2% at 4457 Read more…
Dollar retreats but risk-sensitive currencies shine on geopolitics The latest geopolitical developments seem to be the main market-moving factor in today’s trading session. Specifically, Russia announced that several military drills near the Ukrainian border have ended Read more…
Since the end of last week, the price of gold has risen by more than 3%. With a high of $1879, it was temporarily rose to highs since last June. Biden’s warning that Russia could Read more…
The first cryptocurrency returned to growth on Tuesday morning, adding 3.3% and rising to 43,500. Technically, BTCUSD held above the 50-day moving average and received support from buyers after another touch of this level. At Read more…
Daily Pivots: (S1) 115.12; (P) 115.43; (R1) 115.86; More… Intraday bias in USD/JPY is turned neutral with today’s recovery. On the downside, below 115.00 will extend the fall from 116.33, as the third leg of Read more…
Cryptocurrency prices are climbing as tensions over the Russian-Ukraine situation appear to be easing. Cryptocurrency prices were surging Tuesday following reports that Russian troops were pulling back from the Ukraine border. Bitcoin was up 4.3% Read more…
Daily Pivots: (S1) 0.9231; (P) 0.9252; (R1) 0.9265; More…. Range trading continues in USD/CHF and intraday bias remains neutral. Overall, further rally is mildly in favor as long as 0.9090 support holds. On the upside, Read more…
Daily Pivots: (S1) 1.3495; (P) 1.3534; (R1) 1.3572; More… Intraday bias in GBP/USD remains neutral as sideway trading is still extending. On the upside, break of 1.3642 will resume the rebound to 1.3748 resistance. Firm Read more…