Category: Investments

EUR/JPY’s break of 55 4H EMA (now at 183.14) suggests that fall from 187.42 has completed at 179.34. Intraday bias is back on the upside. Further rally should be seen to 61.8% retracement of 187.93 Read more…

Intraday bias in EUR/GBP stays neutral for the moment. While rebound from 0.9453 might extend, strong resistance should be seen from 0.8610 support turned resistance to limit upside. On the downside, break of 0.8528 support Read more…

Intraday bias in EUR/AUD remains neutral for the moment. Corrective pattern from 1.6108 (or 1.6125) is still extending. On the upside, above 1.6530 will target 1.6617 resistance first. On the downside, break of 1.6250 will Read more…

Intraday bias in EUR/CHF remains neutral and more consolidations could be seen below 0.8371. Further rally is expected as long as 0.9270 support holds. On the upside decisive break of 100% projection of 0.8979 to Read more…

The dollar index consolidates after Friday’s almost 0.5% drop, sparked by downbeat US nonfarm payrolls data which cooled expectations for Fed rate hike and deflated the greenback. Traders shift their focus on US July inflation Read more…

Market Overview The crypto market capitalisation has risen to $2.22T, returning to the levels seen at its two-week highs. Since the start of August, the balance of power has shifted in favour of buyers, but Read more…

The USD index plummeted amid a decline in US employment. Gold is benefiting from the Fed’s reluctance to raise interest rates. The US dollar touched a seven-week low after an unexpected labour market report. Employment Read more…

GBP/USD enters the week of 10–14 August near 1.3500 – its highest level since 15 July. Sterling is building on the momentum from a sharp decline in the dollar following a weak US labour market Read more…

Maybe you noticed this over the weekend: Filling a gas tank is a touch cheaper. Indeed it is. GasBuddy.com puts the national average price at about $3.944 a gallon on Aug. 9. That’s down 3.6% Read more…

A weak jobs report already made the case for a Fed hold, but only Wednesday’s CPI can confirm inflation is cooling too — and if it comes in soft without reviving growth fears, Silver’s dual Read more…