EURJPY is hovering around the 100-day SMA EURJPY bears have probably regained the upper hand Momentum indicators are mostly mixed at this stage EURJPY is edging lower today, testing the support set by the 100-day simple moving average (SMA) and […]
EURJPY Correction Halts at Key Support Area Read More »
NZDUSD has been trading sideways for more than a year Bears try to push below the key support of 0.5855 RSI and MACD detect bearish momentum For the outlook to brighten, a move above 0.6220 may be needed NZDUSD has
NZDUSD Bears Try to Escape a Range Read More »
Almighty dollar awaits PMIs for more signs of Fed cut delays Eurozone PMIs also on tap amid speculation of bigger cut by ECB Pound could benefit from data pointing to rebound in inflation Canadian and Japanese CPI numbers also on
Week Ahead – Flash PMIs, UK and Canadian CPI Data Enter the Spotlight Read More »
WTI oil futures continue to flatline near a critical support area Bullish trend reversal is a long way above 77.80 WTI oil futures kept their footing above the 67.00-68.00 support region for the third time since the current sideways trajectory began in
WTI Oil: Will It Break or Bounce? Read More »
Ethereum hovers above a key support level Profit-taking put a stop to the recent rally Momentum indicators could turn bearish soon Ethereum has benefited from Trump’s win, reaching a four-month high, but it failed to close above the 3,500 level
Ethereum Rally Takes a Breather Read More »
EURUSD remains under selling pressure Next pause at 1.0665-1.0685 Stochastics and MACD confirm bearish structure EURUSD recently took a considerable dive, falling beneath the 1.0700 round number and developing below the long-term ascending trend line. The pair began the day with a negative
EURUSD Creates Negative Gap Near 1.0700 Read More »
After Trump comeback, normality to return to markets with US CPI GDP data from UK and Japan to also be important But volatility to likely persist as markets assess impact of Trump 2.0 US CPI eyed as rate cut bets
Week Ahead – US CPI to Shift Market Focus Back to Data After Trump Shock Read More »
Cryptocurrencies benefit from Trump’s win Ethereum finds resistance at the 200-day SMA Momentum indicators confirm the bullish pressure Ethereum has been benefiting from the outcome of the US presidential election by recording strong gains and returning above the 2,810 area
Ethereum Rally Stops At Key Resistance Level Read More »
USDCAD posts new 25-month high but currently stands beneath it Stochastics and RSI show positive signs USDCAD has been developing above the 20-day simple moving average (SMA) since the bounce off the 1.3815 support level and is trying to regain
USDCAD Retains Bullish Bias Above 20-day SMA Read More »
Euro/dollar could suffer if 2016 repeats itself US stocks could further benefit from Trump’s win Gold and bitcoin might move in opposite direction Euro/dollar volatility could rise further Trump wins a second term Former President Trump has won the 2024
Could Markets Relive 2016 Post-Election Day Performance? Read More »
