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Gbp/jpy daily outlook
Daily Pivots: (S1) 180.58; (P) 181.36; (R1) 182.15; More… Intraday bias in GBP/JPY is turned neutral as recovery from 179.45 lost momentum after hit...
Ecb's knot: rate hikes beyond july possible but not certain
It loos like core inflation has plateauedWe need to hike rates in JulyOptimistic to see inflation reaching 2% in 2024There is still lots of data due b...
Fx option expiries for 18 july 10am new york cut
There is just one to take note of for the day, as highlighted in bold.That being for AUD/USD at 0.6850, although it doesn't hold much of a pull I woul...
Usdjpy daily analysis – july 18, 2023
USDJPY has been demonstrating an uptrend since its rise from 137.23, and the bullish momentum is expected to continue in the coming days. Traders shou...
Audusd daily analysis – july 18, 2023
AUDUSD has been displaying a solid uptrend, remaining within a rising price channel on the 4-hour chart since its climb from 0.6594. The consistent pr...
Eur/usd inches higher as buyers get a little impatient
The pair is up 0.3% now to 1.1270 at the highs for the day, with the dollar keeping slightly lower across the board. The gains are now starting to run...
Crypto price update: market trades flat, bitcoin down 0.86℅, ethereum retreats 1.51%
Its 24-hour trading volume was $583 million. DeFi fell 10.34 per cent to $3.64 billion, Coinmarketcap.com reported. Bitcoin: Bitcoin’s price decreas...
Us 500 cash index rally continues; correction long overdue
The US 500 cash index continues its advance, and it is currently trading at the highest level since April 6, 2022. The move since the March 13, 2023 l...
Skale announces integration with cmc markets connect
David Nussbaum, Founder & CEO, Skale added: This integration builds on our strategy of integrating with market-leading trading platforms, extending ou...
Hang seng index technical: plummeted towards minor uptrend support
Reopened after yesterday’s closure to due typhoon, shed -2% due to negative follow-through from yesterday’s weak China economic data. Short-term m...
Wise reports 33% jump in active customer base to 6.7 million
In a strong start to the fiscal year 2024 (FY24), Wise plc (LSE: WISE) experienced a robust uptick in its growth metrics during the first quarter. The...
Usd/cad price analysis: indecisive near 1.3200 ahead of canada inflation, us retail sales
USD/CAD clings to key Fibonacci retracement level within multi-day-old bearish channel. Steady RSI suggests further recovery from descending trend cha...
Levered bullish longs getting liquidated as bitcoin market softens
CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions … Read ...
Silver price forecast: fed’s policy statement is key to next major move
Fed’s stance on interest rates crucial for short-term silver price trajectory. The post Silver Price Forecast: Fed’s Policy Statement is Key to Ne...
Gbpusd daily analysis – july 18, 2023
GBPUSD has been exhibiting a strong uptrend, continuing its ascent from 1.2590 to reach as high as 1.3141. Despite the recent pullback from this high,...
European equities open little changed to start the day
Eurostoxx flatGermany DAX -0.1%France CAC 40 flatUK FTSE flatSpain IBEX +0.1%This speaks to broader market sentiment, in the sense that traders and in...
Audusd technical analysis
The miss in the US CPI report triggered a heavy US Dollar selling across the board as the market started to see the end of the Fed tightening cycle. M...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3163; (P) 1.3198; (R1) 1.3234; More…. No change in USD/CAD’s outlook as intraday bias remains neutral. Outlook will remain be...
Aud/usd daily report
Daily Pivots: (S1) 0.6787; (P) 0.6817; (R1) 0.6846; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, decisive break of 0.6...
Lampoo partners with commerce layer, launches composable luxury shopping experiences
Luxury clothing reseller future-proofs its online shopping with composable commerce PRATO, Italy, July 18, 2023 (GLOBE NEWSWIRE) — Commerce Layer, t...
Eurusd daily analysis – july 18, 2023
The EURUSD pair has continued its upward momentum, extending its move from 1.0833 to reach as high as 1.1263. The rising trend line on the 4-hour char...
Usd/jpy daily outlook
Daily Pivots: (S1) 138.01; (P) 138.71; (R1) 139.41; More… Intraday bias in USD/JPY remains neutral as consolidation from 137.22 is extending. Upside...
Better to wait the outcome of next week’s ecb/fed policy meetings
Markets Yesterday had little to offer from an economic point of view and that showed in daily trading. Main FI and FX markets traded sideways from the...
Gold prices tick up as traders await fed cues
Gold prices edged up on Tuesday on a dollar that was close to hitting its lowest in over a year, while traders waited for retail sales data from the U...
Gold rate today: prices remain firm on safe haven demand
Gold prices kept above $1,950 on July 18, remaining firm on a safe haven of demand. Inflation cooling off in the US contributed to the recent surge in...
Xbox live gold reportedly shutting down — here’s what might replace it
The same source indicated that taking its place will be Xbox Game Pass Core. This new Xbox Game Pass tier will cost $9.99 a month (the same price as X...
Precious-gold prices tick up as traders await fed cues
Gold prices edged up on Tuesday on a dollar that was close to hitting its lowest in over a year, while traders waited for retail sales data from the U...
Aud/usd breaks above 200-day moving average, short-term uptrend in focus
Cleared above 200-day moving average ex-post US CPI. Short-term uptrend but the medium-term trend is still sideways as it remained below a major desce...
Caution lingers on china fears, earnings take centre stage
Asian shares flashed red on Tuesday as concerns over China’s sluggish economic recovery weighed on sentiment. The disappointing GDP data published i...
Fx play of the day: more aud/cad losses in the works?
AUD/CAD looks ready to turn lower from a key resistance zone! Will the pair extend its downtrend?......
Energy, metals fall, wheat rallies
The week started with unpleasant news really. First, the Chinese growth numbers disappointed at yesterday’s open, and sent the metal, energy, and Eu...
S&p 500 outlook over next 1-2 months: broadening participation points to further gains
Improving market breadth points to further gains in the S&P 500 index in the coming weeks as the earnings season picks up steam. What is the one-month...
Sustainable finance: funding options for eco-friendly small businesses
Discover the innovative funding options paving the way for eco-friendly small businesses to thrive in the world of sustainable finance. Read Full Stor...
Bitcoin halving amongst major events to watch in the crypto market
DUBAI, UAE / ACCESSWIRE / July 18, 2023 / Unlike the halving of Litecoin, which had no substantial effect on its price in the past, the halving of Bit...
Gold price forecast: higher as weaker dollar boosts demand
Comex Gold prices rise as a weaker U.S. dollar and the Fed’s approaching end of tightening cycle contribute to its appeal. The post Gold Price Forec...
