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Technical analysis & forecast for june 29, 2023
The S&P 500 index initiates a downward movement. The article also provides insights on the performance of EUR, GBP, JPY, CHF, AUD, Brent, and Gold. Th...
Eu announces modernisation of payment services
The commission is additionally considering granting non-bank payment service providers full access to all payment systems within the EU. This approach...
Blackrock’s bitcoin ambitions driving price higher
Bitcoin’s stellar bull run could extend if the world’s most powerful asset managers market it to their investors. Read Full Story The post BlackRo...
Usd/jpy set to hit 147 by september – bofa
EUR/USD is trading on the back foot near 1.0900 after Fed Chair Powell repeated his hawkish message in a speech early Thursday. Traders refrain from p...
Silver (xag/usd) price forecast: silver selling meets support
Silver selling abates as prices consolidate into a pennant formation. Levels for bearish continuation identified......
Usd/jpy forecast: climbing as powell’s remarks fuel expectations for rate hike
USD/JPY rises as Powell’s remarks elevate market rate hike expectations, while Governor Ueda emphasizes sustained inflation and wage growth. The pos...
Analysis: despite lower activity, retail fx and cfd deposits grew in april
March brought higher deposits and more transactions from retail traders. In our latest analysis of CPattern data, Finance Magnates Intelligence takes ...
Order flow analysis software: unlock profit potential like never before!
Order flow analysis software Hello, you must be an order flow trader or you came to this blog because you are curious about trading with the order flo...
Bavaria june cpi +6.2% vs +6.1% y/y prior
The other state readings released at the same time:Hesse CPI +6.1% vs +5.9% y/y priorBrandenburg CPI +6.7% vs +6.3% y/y priorThe readings are just sli...
Japan finance minister says closely watching fx moves
No comment on FX levelsBut one-sided and unstable moves are undesirableWon't rule out any options if FX moves are excessiveThis comes as USD/JPY is st...
Major currencies mostly little changed on the day
The overall risk mood is keeping rather tentative and the dollar is sitting more mixed so far. Most dollar pairs are seeing just 0.1% change or less, ...
Audusd erases june’s upleg; bias bearish
AUDUSD sank to a three-week low of 0.6596 on Wednesday as the bulls could not find enough buyers to jump above the 200-day simple moving average (SMA)...
S&p 500 technical analysis
We keep hearing from many Fed members that they are waiting for more data to decide how much more they should tighten. In fact, although the majority ...
A new bitcoin etf is risky—and declares it. a scary warning.
The Volatility Shares 2x Bitcoin Strategy ETF, a leveraged fund, began trading Tuesday. It warns investors could lose their money “within a single d...
Best 9 crypto casinos 2023 with no deposit bonus | top bitcoin casinos list
Like any other betting sites, a crypto casino is an online casino that offers the option of making payments through cryptocurrencies like Bitcoins. So...
Ecb's de cos: september meeting decision is "absolutely open"
In other words, it is a "we will see what happens after July". That is pretty much consistent with most of the views shared by his peers at least for ...
Usd/jpy whipsaws at multi-month high below 145.00 on fed chair powell speech
USD/JPY portrays nearly 20 pips of seesaw momentum after Federal Reserve (Fed) Chairman repeats the previous day’s comments on early Thursday mornin...
Eur/usd to move lower toward h2 on weaker global growth, relative us economy outperformance – danske bank
EUR/USD is trading on the back foot near 1.0900 after Fed Chair Powell repeated his hawkish message in a speech early Thursday. Traders refrain from p...
Aud drifts lower
AUD/USD tests key support The Australian dollar slumps as slowing inflation could let the RBA ease its hawkish stance. The exchange rate continues to ...
Fed's powell says expects moderate pace of interest rate decisions to continue
He's not giving much away with such a vague statement. It could still mean a further pause in July or a continuation of rate hikes again. Powell also ...
Inflation (headline and core) should reaccelerate due to base effects
Markets In yesterday’s Sintra panel discussion with ECB Lagarde, Fed Powell, BoE Bailey and BoJ Ueda, the former three all reiterated the need to hi...
Fed got greenlight for more hikes
US and European stocks were up on Wednesday. The US chipmakers dampened appetite across the Atlantic Ocean on news that the Biden Administration will ...
Forex4you adds new trading instruments and anniversary promotions
Communication on Telegram The company also announced the launch of its new official Telegram channel – official_Forex4you. Members of the channel wi...
All eyes on riksbank
Market movers today Today we expect a 25bp hike from the Riksbank. We expect the Riksbank to conclude their hiking cycle with another 25bp hike in Sep...
Current account deficit moderates to 0.2% of gdp in march quarter: what is cad and why has it shrunk?
Experts believe the country’s current account deficit is likely to moderate in the current fiscal. External balances will benefit from lower commodi...
Equities inch higher as asia opens; yen in focus: markets wrap
Ueda was speaking at a central banking forum in Portugal, where Federal Reserve Chair Jerome Powell signaled the Fed may raise rates at the next two m...
Gbp/jpy price analysis: bulls appear tired below 183.00 but not out of the woods
GBP/JPY regains the 182.60 level as it consolidates the intraday losses heading into Thursday’s London open. In doing so, the cross-currency pair pr...
The fed: fed needs to review supervision after svb failure, powell says
Fed Chairman Jerome Powell spoke Thursday about lessons from the spring banking crisis, saying officials need to be wary of complacency. Read Full Sto...
Fx play of the day: gbp/aud pullback to area of interest
Who’s up for a simple trend play today? I’ve got this GBP/AUD textbook correction setup on my radar!......
European equities little changed to start the day
Eurostoxx flatGermany DAX flatFrance CAC 40 +0.1%UK FTSE -0.1%Spain IBEX flatThere's not much appetite so far on the day as European traders are perha...
Xauusd: bears have completed the correction (b)
There is a possibility that Gold in the long term builds a primary double zigzag consisting of three main sub-waves Ⓦ-Ⓧ-Ⓨ At the moment, the thi...
Spain june preliminary cpi +1.9% vs +1.7% y/y expected
Prior +3.2%HICP +1.6% vs +1.5% y/y expectedPrior +2.9%Spanish headline annual inflation slips under the 2% threshold for the first time since March 20...
Usd/cad outlook: bulls look to seize control on stronger usd, subdued oil prices
USD/CAD scales higher for the third straight day and recovers further from the YTD trough. Tuesday’s softer Canadian CPI, subdued Oil prices undermi...
Senco gold 405-crore ipo: jewellery retailer sets price band at rs 301-317 a share
Senco Gold’s issue will open for subscription on July 4 and close on July 6. The anchor investor bidding will take place on July 3 … Read Full Sto...
Russia’s supreme court: criminals’ bitcoin-to-fiat trades constitute money laundering
Russia’s Supreme Court has ruled that criminals’ Bitcoin (BTC)-to-fiat trades can be considered money laundering. Find out more! Read Full Story T...
