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Eur/usd daily outlook
Daily Pivots: (S1) 1.0757; (P) 1.0790; (R1) 1.0827; More… EUR/USD’s rebound from 1.0634 short term bottom is in progress and intraday bias stays o...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2532; (P) 1.2579; (R1) 1.2657; More… Intraday bias in GBP/USD stays on the upside as rebound from 1.2306 is in progress to rete...
Usd/chf daily outlook
Daily Pivots: (S1) 0.9024; (P) 0.9059; (R1) 0.9087; More… Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.8983 ...
Usd/jpy daily outlook
Daily Pivots: (S1) 139.39; (P) 139.85; (R1) 140.69; More… USD/JPY is still bounded in sideway trading and intraday bias stays neutral. Further rally...
Elliott wave update of usdcad – june 14th, 2023
USDCAD is down for the week so far after yesterday's CPI data strengthened the case for a pause in the Fed's tightening campaign. Is this a good time ...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3274; (P) 1.3326; (R1) 1.3366; More…. Focus stays on 1.3299 support in USD/CAD. Strong rebound from there, followed by break of...
Australian dollar’s rally risks stalling says cba as gbpaud and audusd near key technical lines
The Australian Dollar rally risks stalling shows a new analysis from Commonwealth Bank of Australia that reveals much will now depend on the nature of...
Foreign exchange forecasts 2023-2024 from rbc capital markets: eurusd, eurgbp, gbpusd, usdjpy, audusd
RBC Capital Markets – update June 2023. Range trading is liable to dominate in the short term, but with a firm dollar bias. Firm US demand a … Rea...
Fx play of the day: watching eur/usd’s inflection point ahead of the fomc decision
Planning on trading the dollar during the FOMC decision? Take a look at EUR/USD’s trend pullback and see if you can jump in the uptrend today!......
Cpi lifts indices, fed up next!
US Indices finished higher yesterday after CPI data showed a moderation in consumer inflation. Focus is now on the Fed and its monetary policy decisio...
Wti crude oil technical analysis
The OPEC+ seems to be intentioned to maintain oil prices above the $70 mark, but even with the Saudi Arabia additional voluntary production cut of 1 m...
Spx favors rally with bullish momentum & remain supported
Short term, SPX favors upside in wave ((iii)) of 3 started from 4048.28 low of 5.04.2023 and expect to remain supported in pullback. It is nesting as ...
U.s. stocks end higher on cooling inflation data
Business U.S. stocks end higher on cooling inflation data. Posted . The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after ...
Precious-gold holds tight range as traders brace for us inflation data
US CPI data at 1230 GMT * FOMC begins two-day meeting on Tuesday (Adds comments, updates prices and details at 1016 GMT) By Seher Dareen June 13 (Reut...
Binance ceo hits back at rumors of exchange selling bitcoin for bnb coin
Binance CEO Changpeng “CZ” Zhao dispelled rumors that the world’s largest crypto exchange has been selling bitcoin (BTC) to keep the prices of b...
Aud/usd: solid resistance emerges around 0.6820 – uob
In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, further upside in AUD/USD is likely to face a tough barri...
European stocks little changed at the open today
Eurostoxx +0.1%Germany DAX flatFrance CAC 40 +0.2%UK FTSE -0.1%Spain IBEX flatThis mirrors the flattish mood in US futures as well so far today. With ...
Eur/usd retreats further from multi-week top, dips to 1.0780-75 ahead of fed
EUR/USD edges lower on Wednesday and is pressured by a modest USD uptick. Elevated US bond yields and a softer risk tone benefit the safe-haven Greenb...
Today’s fomc will be a key focus for china and hong kong stocks
China proxies; Hang Seng Index, Hang Seng TECH, and Hang Seng China Enterprises have outperformed S&P 500 & MSCI All Country Asia ex Japan since 31 Ma...
Porat group names idan ron as new ceo
Tel Aviv’s Porat Group, a legal services and business consultancy firm, has brought in Idan Ron as the new Chief Executive Officer, who has already ...
Gold tests major support
GBP/USD breaks resistance The US dollar sank after slow inflation raised the chance of a pause in interest rate hikes from the Fed. The market mood ha...
Brent crude oil prices experience decline amidst market factors
The commodity market is currently being impacted by various factors, causing Brent crude oil prices to decline. Currently, the price of a barrel of Br...
Usoil: how low can the market collapse in the intermediate impulse?
As a few weeks ago, the formation of a global bearish trend in the form of a triple zigzag continues for USOIL Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. At the moment, the...
It’s fed day. updated dot plot will include a higher terminal rate
Markets US Treasuries quickly erased their kneejerk upleg following the US inflation numbers. They even went from outperforming Bunds to underperformi...
Today’s fomc will be a key focus for china and hong kong stocks
China proxies; Hang Seng Index, Hang Seng TECH, and Hang Seng China Enterprises have outperformed S&P 500 & MSCI All Country Asia ex Japan since 31 Ma...
Cancervax launches $10 million funding round
Proceeds from the SEC qualified Reg A+ offering will allow the Company to continue work on its breakthrough cancer treatments LEHI, Utah, June 14, 202...
Zscaler unveils suite of cyber solutions designed to harness the full potential of generative ai
Industry’s Largest Cloud Security Data Lake Enables New AI-Powered Security Controls to Detect Millions of New Attacks While Safeguarding Sensitive ...
Diverging policies
US inflation data gave investors a good reason to cheer up yesterday. The headline number fell more than expected to 4%, and core inflation met analys...
Gold-i integrates crypto switch with hidden road to bridge crypto and traditional assets
Gold-i has successfully integrated its Crypto Switch with Hidden Road, a credit network for global institutions. This strategic partnership allows bot...
Fed to pause, focus on july meeting
Market movers today Even though core inflation remained relatively high at 0.4% m/m in May in the data released yesterday, markets now price only a 10...
Technical outlook and review
DXY: The DXY (US Dollar Index) chart currently shows a bearish momentum, indicating a downward trend in the market. Factors contributing to this momen...
Uk gdp grew 0.2% mom in apr led by 0.3% growth in services
UK GDP grew 0.2% mom in April, matched expectations. Services rose 0.3% mom. Production declined by -0.3% mom. Construction fell -0.6% mom. In the thr...
Oil prices climb on bargain hunting ahead of us fed rate decision
Oil prices traded up on Tuesday on bargain hunting, recovering some ground from the previous day’s plunge, but gains were limited as investors remai...
Crypto news | bitcoin drops below $26,000 ahead of the upcoming fomc meeting
The concerns surrounding the SEC involving Binance and Coinbase have kept the crypto star ‘Bitcoin’ in a stage where it is unable to pass the $26,...
Gbp/usd prints bullish consolidation near 1.2600 on uninspiring uk gdp, fed in the spotlight
That said, the UK’s Gross Domestic Product (GDP) for April matches 0.2% growth versus -0.3% prior while the Industrial Production slumps during the ...
