Category: Investments

Bitcoin has lost 5.3% in the past 24 hours, falling to $38.4K. Ethereum is down 5.4% to $2845 in the same time frame. In the top 10 altcoins, losses range from 3.6% (BNB) to 12.7% Read more…

NZDUSD is tracing the lower Bollinger band and is just shy of retesting the 16-month low of 0.6528, which is the upper border of the critical 0.6487-0.6528 foundation, moulded by the troughs over the mid-July Read more…

American stocks declined sharply on Tuesday as volatility in the financial market continued. The Dow Jones slipped by more than 400 points while the tech-heavy Nasdaq 100 index fell by 330 points. Investors have been Read more…

GBP/CAD’s down trend continues this week on broad based selloff in Sterling, while Canadian Dollar has been relatively resilient. Current decline should target 161.8% projection of 1.7623 to 1.6636 from 1.7375 at 1.5778. This lies Read more…

USDJPY has lost its positive momentum after the impressive bullish rally towards the 20-year high of 129.40 on April 20, but today it is appearing positive again. In the short-term, the market could retain the negative momentum as the RSI Read more…

EUR/USD The single European currency continues to lose ground against the U.S. dollar as the breach of the 1.0704 support zone from the previous session gave additional impetus to the bears. They, in turn, without Read more…

Markets A high level of uncertainty continued to dominate trading yesterday. US data (durable orders, house prices, consumer confidence or the Richmond Fed man. index) were OK or even better than expected, but unable to Read more…

The FTSE 100 tumbles as China’s lockdowns hit sentiment. A plunge below the demand zone at 7500 further weighs on the market mood after buyers failed to lift offers around this year’s peak at 7670. Read more…

The Australian dollar recovers over a better-than-expected Q1 CPI reading. A break below March’s low at 0.7170 may have invalidated the recent rebound and put the Aussie on a reversal course in the weeks to Read more…

The euro struggles as the eurozone’s growth prospect dampens. The pair remains under pressure after it broke below a short-lived congestion area around 1.0770. A bearish breakout below March 2020’s lows near 1.0650 (a major Read more…