Bitcoin gained 6.3% over the past week, finishing near $41.3K. The price retreated slightly to $41.0K on Monday morning, losing 2.1% over the last 24 hours. Ethereum has corrected by 2% over the same period Read more…
In an interview with Handelsblatt, ECB Vice President Luis de Guindos said Eurozone is not heading towards stagflatoin. “In the most recent projections, even in our most adverse scenario for the current year, we still Read more…
The Aussie Dollar started a fresh increase from the 0.7200 support zone against the US Dollar. The AUD/USD pair traded above the 0.7300 level to move into a positive zone. The pair even traded above Read more…
Germany PPI rose 1.4% mom, 25.9% yoy in February, below expectation of 1.7% mom, 26.1% yoy, comparing to January’s 2.2% mom, 25.0% yoy. Destatis said, “the recent price development in the context of Russia’s attack Read more…
Markets With still only mixed signals on any progress in the negotiations between Ukraine and Russia, European investors on Friday initially took some chips off the table after last week’s rally. US investors were less Read more…
EUR/USD Last week, the pair managed to finish in green territory and broke a streak of five consecutive losing weeks. The bulls managed to test the resistance at around 1.1125 and the response of the Read more…
Gold prices are continuing last week’s move around the key level of 1,920, which is the 38.2% Fibonacci retracement level of the up leg from 1.680 to 2,070.40 and at the same time is confirming the pullback from Read more…
Daily Pivots: (S1) 1.0259; (P) 1.0330; (R1) 1.0368; More…. Intraday bias in EUR/CHF remains neutral first. On the upside, break of 1.0400 would resume the rebound to 1.0610 key structural resistance. However, break of 1.0184 Read more…
Daily Pivots: (S1) 1.4850; (P) 1.4950; (R1) 1.5007; More… Intraday bias in EUR/AUD is mildly on the downside for the moment. Rebound from 1.4561 could have completed at 1.5327, ahead of 1.5354 support turned resistance. Read more…
Daily Pivots: (S1) 0.8363; (P) 0.8400; (R1) 0.8424; More… Intraday bias in EUR/GBP remains neutral for the moment. On the upside, above 0.8456 will target 0.8476 structural resistance first. Firm break there will carry larger Read more…