Category: Cryptocurrencies

The war in Ukraine has added a big supply shock to a global economy where supply had not yet fully recovered from the previous supply shock related to the pandemic. On top of reduced labour Read more…

Markets What a difference a day makes. Yesterday, the US announcing a ban on the import of fossil energy from Russia still caused some caution on US equity markets. Today, investors apparently concluded that this Read more…

CHFJPY reversed from support area Likely to rise to resistance level 125.70 CHFJPY currency pair recently reversed up from the support area located between the key support level 124.00 (which has been reversing the price Read more…

Dow Jones reversed from support area Likely to rise to resistance level 34000.00 Dow Jones index recently reversed up from the support zone set between the strong support level 32325.00 (which has been reversing the Read more…

The euro has posted sharp gains and punched above the symbolic 1.10 level. In the North American session, EUR/USD is trading at 1.1031, up 1.24% on the day. We continue to see significant volatility in the Read more…

Spot gold was down around 2.5% on Wednesday, as fresh wave of optimism on de-escalating conflict in Ukraine hit the markets and sparked demand for riskier assets, pushing the safe-haven metal in defensive. Pullback from Read more…

A barrel of Oil on the spot market briefly topped $130 for Brent and $125 for WTI, having retreated to $127 and $121, respectively, by the start of European trading. Oil received its latest boost Read more…

Daily Pivots: (S1) 115.36; (P) 115.58; (R1) 115.88; More… Range trading continues in USD/JPY and intraday bias remains neutral. On the upside, firm break of 116.34 will resume larger up trend from 102.58 to 118.65 Read more…

Daily Pivots: (S1) 0.9258; (P) 0.9282; (R1) 0.9316; More…. Sideway trading continues in USD/CHF and intraday bias remains neutral. Choppy rise from 0.8925 would still be in favor to extend higher as long as 0.9090 Read more…