Cryptocurrencies
Swiss Franc Extends Slide
The Swiss franc is down sharply on Tuesday, with USD/CHF climbing above the 92 line for the first time in two weeks. In the North American session, USD/CHF is trading at 0.9184, up 0.58% on Read more…
Cryptocurrencies
There Is A New Tesla Cybertruck. But Will It Ever Be Produced?
New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse. While press articles report delays and postponements in Read more…
Cryptocurrencies
Tesla Cybertruck May Actually Exist
New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse. While press articles report delays and postponements in Read more…
Cryptocurrencies
Market Awaits FOMC Meeting, Keeps an Eye on Ukraine Crisis
FOMC minutes attract attention The two-day FOMC meeting begins today and concludes tomorrow with a decision as the global economy is feeling the pain of omicron variant. The Federal Reserve is widely expected to maintain its hawkish stance as it Read more…
Cryptocurrencies
SmileDirectClub to Close Some Overseas Operations, Cut Jobs
SmileDirectClub will close certain overseas operations, pause its move into other international markets, cut jobs and book related costs SmileDirectClub (SDC) – Get SmileDirectClub Inc Class A Report said it would close certain overseas operations, Read more…
Cryptocurrencies
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 113.63; (P) 113.82; (R1) 114.16; More… Intraday bias in USD/JPY remains neutral at this point. As noted before, considering bearish divergence condition in in daily MACD, it’s probably already in correction to Read more…
Cryptocurrencies
USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.9114; (P) 0.9136; (R1) 0.9164; More…. USD/CHF’s rebound from 0.9090 extends higher but stays in established range. Intraday bias remains neutral first. On the downside, firm break of 0.9084 support will argue Read more…
Cryptocurrencies
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3433; (P) 1.3500; (R1) 1.3558; More… Intraday bias in GBP/USD remains on the downside and outlook is unchanged. Rebound from 1.3158 could have completed at 1.3748 already. More importantly, larger fall from Read more…
Cryptocurrencies
A Huge Few Days for Markets
It’s been a rollercoaster start to what was always going to be a massive week in the markets and there’s little reason to expect that to change in the coming days. The turnaround on Monday Read more…
Cryptocurrencies
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1296; (P) 1.1321; (R1) 1.1350; More… EUR/USD’s break of 1.1284 support how argues that corrective rebound from 1.1185 has completed at 1.1482. Intraday bias is back on the downside for 1.1185 first. Read more…