Cryptocurrencies rallied overnight on growing optimism that regulatory environment for digital assets in the US may improve following the upcoming presidential election in November. This boost in sentiment was initially driven by a rise in Donald Trump’s standing in prediction markets and some polls, as he is perceived to be more pro-crypto compared. Later, the […]
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Daily Pivots: (S1) 1.3035; (P) 1.3054; (R1) 1.3077; More… Outlook in GBP/USD remains unchanged and intraday bias stays neutral first. Strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 Read more…
Risk sentiment in Asia was mixed today. Japan’s Nikkei 225 index extended its rally and broke above the 40k mark for the first time in three months. This momentum firstly follows another record close on Read more…
Key Highlights GBP/USD started a fresh decline below the 1.3120 support zone. A connecting bearish trend line is forming with resistance at 1.3070 on the 4-hour chart. EUR/USD extended losses and traded below the 1.0920 Read more…