Subscribe To
Technical outlook and review
DXY: The DXY (US Dollar Index) chart currently shows a bearish momentum, indicating a downward trend in price. Several factors contribute to this mome...
Crude oil price faces uphill task near $72
Key Highlights Crude oil price recovered losses and climbed above $68. A major bearish trend line is forming with resistance near $70.80 on the 4-hour...
Dax incomplete elliott wave bullish sequence favors higher
Short Term Elliott Wave View in DAX suggests the rally from 3.20.2023 low is in progress as a 5 waves impulse. Up from 3.20.2023 low, wave 1 ended at ...
Fed review: powell’s hawkish bluff
The Fed held rates unchanged at 5.00-5.25% as widely anticipated. However, the updated ‘dots’ surprised hawkishly, signalling two more 25bp rate h...
Japanese yen drops after fomc: price setups in usd/jpy, aud/jpy, gbp/jpy
The JPY slipped against USD after the Fed signaled more rate hikes. Improving risk appetite and ultra-easy BOJ policy reinforce the bearish backdrop i...
Trump faces competition from ‘bitcoin mayor’ of miami in 2024 gop presidential race
Francis X. Suarez runs for U.S. presidency as a Republican challenger to Donald Trump. Other Republican candidates are also seeking the Bitcoin commun...
Fomc skips june, but signals hikes not done yet
Summary As widely expected, the FOMC decided unanimously to refrain from raising rates at today’s meeting. However, the Committee continued to say t...
Ecb the main focus on the agenda today
I shared some thoughts on the Fed decision here and how it is making for a bit of a tricky read into dollar sentiment at the moment. And that's where ...
Bitcoin mining difficulty rises 2.18% to record amid increasing competition among miners
Bitcoin’s mining difficulty level rose 2.18% on Wednesday to an all-time high. The level changes every two weeks and measures the additional computi...
Japan will stop yen decline beyond usd/jpy 145, most economists say
TOKYO, June 15 (Reuters) – Japan’s government and central bank will act to stop the yen’s decline if it depreciates to the 145 per U.S. dollar l...
What's the verdict on the fed policy decision?
The Fed tried to deliver on its commitment to keep rates higher for longer, but did it work? I reckon the jury is still out on this one.Fed chair Powe...
Dax set for a bearish open on china stats and ecb policy uncertainty
It is a busy day for the DAX. While economic indicators will move the dial, the focus will be on the ECB policy goals and economic outlook. The post D...
Gap receives chf 3.7 million in funding from seri
GAP receives CHF 3.7 million in funding from SERI. The UNIGE’s Department of Applied Physics (GAP) has been awarded CHF 3.7 million in funding for a...
Gold price forecast: fed’s hawkish pause powers xau/usd bears, $1,918 and ecb next in sight
Gold price downside opens up toward $1,918 as the daily RSI stays bearish. Gold price is extending the downside toward $1,930, as Asian traders hit th...
Japan will stop yen decline beyond usd/jpy 145, most economists say: reuters poll
TOKYO : Japan’s government and central bank will act to stop the yen’s decline if it depreciates to the 145 per U.S. dollar level, more than half ...
Gbp/usd slides to 1.2650 as us dollar recovers on july fed rate hike concerns, us data eyed
The overbought RSI (14) triggers GBP/USD retreat towards a one-week-old rising support line, around 1.2560 by the press time. On the contrary, the Pou...
Nikkei 225 technical: overstretched rally
Nikkei 225 has hit a 33-year high with a 2023 YTD return of +29%. Its 3-month up move has reached overstretched condition, more than two standard devi...
Chart art: bitcoin (btc/usd) correction on trend reversal?
Missed that neckline breakout on bitcoin? Price might still be in for a quick retest before resuming the reversal!......
Where will japan draw a hard line on the yen drop?
The Japanese yen is a notable mover today, with USD/JPY up by 0.9% to above 141.00 on very little to no news. It builds on the FOMC meeting decision y...
Market live updates: indices trade mixed in the pre-opening; axis bank, cdsl, hcl tech in focus
The Nifty futures were trading flat around 18,810 level on the Singaporean Exchange. Asian market are trading mostly higher, while US markets ended mi...
Bitcoin, ethereum, dogecoin drop after jerome powell’s comments on future rate hikes: analyst sees king crypto in bull market as long as it holds this level
Major cryptocurrencies took a dive in response to hawkish comments by Fed Chair Jerome Powell, adding to the turbulence that the crypto industry has e...
Hang seng index, asx200, nikkei 225: hsi leads on stimulus hopes
It was a bullish morning for the Hang Seng Index and the broader Asian markets. Economic indicators from China failed to spook investors. The post Han...
Gold prices dip as fed pauses but flags future hikes
Investing.com– Gold prices fell on Thursday tracking mixed signals from the Federal Reserve, after the central bank kept rates steady but warned tha...
Aud/usd price analysis: pullback needs validation from 0.6785 support and us retail sales
Technically, an upward-sloping trend line from June 05, near 0.6785 at the latest, restricts immediate AUD/USD downside even as the overbought RSI (14...
Nzd/jpy analysis: reversal or breakout at 87.33 monthly resistance? [video]
AUD/USD is trading close to 0.6800, unfazed by the downbeat Chinese activity data. The Aussie cheers strong Australian employment data. The Aussie Une...
Asian equities rise after china cuts key lending rate
The gains in Asia followed a choppy day on Wall Street, where the benchmark S&P 500 finished 0.1 per cent higher and the tech-focused Nasdaq Composite...
Etmarkets smart talk- smart money moving towards equities! we believe that this century belongs to india: pradeep gupta
Currently, India’s macroeconomic fundamentals are in reasonable health and corporate fundamentals are improving especially in terms of corporate mar...
S&p 500, nasdaq futures rise as investors pin hopes on fed pause
S&P 500 and Nasdaq futures edged up on Wednesday as investors overwhelmingly expect the Federal Reserve to not raise interest rates as it concludes it...
Gbp/usd looking healthy with gdp
AUD/USD is trading close to 0.6800, unfazed by the downbeat Chinese activity data. The Aussie cheers strong Australian employment data. The Aussie Une...
Bank of england deputy governor jon cunliffe speaks today - not on the economy nor policy
At 1535 GMT, which is 1135 US Eastern time:Bank of England Deputy Governor Jon Cunliffe takes part in a discussion on central banks and the future of ...
Aud to nzd forecast: weak economy weighs down kiwi dollar
The Australian (AUD) and New Zealand dollars (NZD) are two of the most-traded currencies in the global forex markets. The pair are correlated given th...
Nzd/usd analysis: 62% fib retracement of last month’s trading range [video]
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the NZD/USD daily and 4-hour charts. Share: Feed news RISK ...
Boa sees two more 25bps fomc rate hikes, in july and september
Bank of America forecast for the Federal Open Market Committee (FOMC): sees two more 25bps FOMC rate hikesin July and Septemberpushing the terminal ra...
Nzd/usd keeps the red near daily low, just above mid-0.6100s after softer chinese data
NZD/USD retreats further from a multi-week high and is pressured by a combination of factors. A technical recession in New Zealand and softer Chinese ...
Precious-gold hits three-month low as hawkish fed remarks support dollar
Gold prices fell to a three-month low on Thursday as hints of further interest rate hikes by the U.S. Federal Reserve bolstered the dollar. Read Full ...
