Market Overview The crypto market cap on Monday morning is $2.31 trillion, just over 1% higher than a week ago. Volatility in cryptocurrencies decreased significantly in the second half of the week, unlike in traditional Read more…
Another shocking Monday for the energy market. Last week’s start was remembered for a bullish gap of more than 10% (which was later followed by a pullback), but today’s market open proved even more volatile Read more…
AUD/USD failed to stay in a positive zone and declined below 0.7000. NZD/USD is also moving lower and might extend losses below 0.5850. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar started Read more…
WTI crude oil posts a bullish gap, reaching its highest levels since July 2022. Iran-related tensions fuel upward pressure, but rally could be short-lived. Momentum indicators mirror the surge, extending into overbought territory. WTI crude Read more…
Markets Unexpected weak US payrolls on Friday brought a temporary interruption from the war-related, inflationary narrative. Contrary to mostly solid US data of late (e.g. ISMs), the US economy in February shed 92k jobs. The Read more…
Daily Pivots: (S1) 210.57; (P) 211.14; (R1) 212.26; More… Intraday bias in GBP/JPY remains neutral for the moment. Overall, price actions from 214.98 are seen as a corrective pattern that could extend further. On the Read more…
Daily Pivots: (S1) 182.66; (P) 183.03; (R1) 183.68; More… Intraday bias in EUR/JPY remains neutral at this point. On the downside, firm break of 180.78 support will indicate that fall from 186.86 is already correcting Read more…
Daily Pivots: (S1) 0.8642; (P) 0.8672; (R1) 0.8688; More… Intraday bias in EUR/GBP remains on the downside at tis point. Fall from 0.8788 is the third leg of the pattern from 0.8863. Deeper fall would Read more…
Daily Pivots: (S1) 1.6472; (P) 1.6523; (R1) 1.6576; More… Intraday bias in EUR/AUD remains neutral for the moment and more consolidations could be seen. On the downside, sustained break of 138.2% projection of 1.8554 to Read more…
Daily Pivots: (S1) 0.8993; (P) 0.9034; (R1) 0.9059; More…. Intraday bias in EUR/CHF remains on the downside at this point. Firm break of 61.8% projection of 0.9347 to 0.9092 from 0.9149 at 0.8991 will pave Read more…