Daily Pivots: (S1) 1.6468; (P) 1.6516; (R1) 1.6545; More… Outlook is mixed up by deeper than expected fall from 1.6679. On the downside, firm break of 1.6368 support will revive that case that rebound from 1.6127 has completed at 1.6742. Fall from there is seen as the third leg of the pattern from 1.7062. Deeper […]
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Crypto market capitalisation has been up 2% over the past seven days and has added over 13% from the lows of the 1st of May. A timid bottom formation on Wednesday was followed by a Read more…
Markets US data on Friday (almost) perfectly fitted the dovish post-Fed market momentum. After several consensus-beating monthly releases, the US economy in April ‘only’ added 175k jobs, the slowest growth in six months. US wage Read more…
Friday’s US jobs data brightened up the mood among Federal Reserve (Fed) doves, as both the NFP, unemployment rate and wages pointed at a slowing labour market in April. The US economy added 175K new Read more…