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Capital.com, a London-headquartered retail broker, has expanded its presence in sports with its latest partnership with James Storm Carew, a world-ren...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3455; (P) 1.3472; (R1) 1.3496; More…. USD/CAD’s rebound from 1.3299 extends higher today and focus is now on 1.3552 resistanc...
Dow jones technical analysis
On the daily chart below, we can see that the price struggled to keep the momentum going as depicted by the multiple doji candles near the 34477 resis...
Eurozone pmis: unevenly distributed growth but same optimism
Eurozone PMI Manufacturing declined from 47.3 to 45.5 in April, hitting a 35-month low. On the other hand, PMI Services rose from 55.0 to 56.6, a 12-m...
Tokyo stock exchange says plans to extend trading hours by 30 minutes from 5 november 2024
This has already been in the works for quite a while now and will only come into effect at the end of next year. In case you missed it, this was the r...
Bitcoin and ether erase recent momentum
Market PictureBitcoin fell to $28K on Thursday, losing 2.8% in the last 24 hours. The crypto market is shrinking roughly at the same rate, losing 2.5%...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8804; (P) 0.8815; (R1) 0.8827; More… Intraday bias in EUR/GBP remains neutral and outlook is unchanged. On the upside, firm bre...
Boj reportedly likely to maintain policy, dovish guidance next week
The report says that there will be no changes whatsoever from the BOJ next week, with the central bank expected to keep its ultra-easy monetary policy...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6208; (P) 1.6285; (R1) 1.6348; More… EUR/AUD rebounded ahead of 1.6216 support but stays below 1.6444. Intraday bias remains ne...
Fundamental analysis on april 21, 2023: inflation in japan stabilizing
High inflation is not such a big problem for Japan as it is for, for instance, the US and the UK. Although the sharp jump in the Core CPI in Japan two...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9773; (P) 0.9806; (R1) 0.9824; More… Break of 0.9797 indicates that fall form 0.9995 is resuming. Intraday bias is back on the ...
Eurozone flash april services pmi 56.6 vs 54.5 expected
Prior 55.0Manufacturing PMI 45.5 vs 48.0 expectedPrior 47.3Composite PMI 54.4 vs 53.7 expectedPrior 53.7The contrast between the manufacturing and ser...
Gbp/jpy daily outlook
Daily Pivots: (S1) 166.73; (P) 167.35; (R1) 168.21; More… Intraday bias in GBP/JPY is turned neutral with current retreat. Another rise will remain ...
Ecb's de guindos says will stick to data-dependent approach in the months ahead
ECB will stick to communicating policy on a meeting-by-meeting basisWill not shift to forward guidance for the months aheadThat has been the message s...
Rounding bottom pattern: examples and how to trade it
What is a rounding bottom pattern? How can you use the rounding bottom pattern in your trading? How is the bottom model used in technical analysis?......
Gcex reports £4.5 million in turnover in 2022
Over the last year, the London-headquartered Group, continued to grow its team and expanded its global footprint in Dubai. Furthermore, GCEX launched ...
Rounding bottom pattern: examples and how to trade it
In the trading world, it's crucial to identify patterns that signal potential market reversals. The rounding bottom is one of them. It indicates a shi...
Usd price forecast: dollar index (dxy) bid on fed speak
The U.S. dollar looks towards additional Fed speak and US PMI data in what is a relatively lackluster economic trading day. DXY pushing 102......
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New traders think trading is easy. Just ask those who got started in a bull market, as millions of people did in the pandemic. “Buy and hold,” bab...
Eur/usd technical analysis
On the hourly chart of EUR/USD at FXOpen, the pair attempted a recovery wave from the 1.0910 zone. The Euro climbed above 1.0945 but it is facing stro...
Ecb's visco: we are yet to see the full effect of rate hikes
Core prices are still reflecting 'stubborn' inflationNeed to be cautious about setting policy and decide things meeting by meetingThey're still not re...
Aud/usd and nzd/usd at risk of more losses
AUD/USD started a fresh decline from the 0.6770 resistance zone. NZD/USD is also moving lower and might decline below the 0.6150 support. Important Ta...
Equities retreat slightly after mixed french and german pmi readings
The readings were a bit of a mix as both countries reported stronger services activity, bolstered by improvement in demand conditions. In France, the ...
Boj may start to give more hints on policy normalization
Japan sticky inflation (excluding fresh food & energy) continued to increase for 10 consecutive months. Flash manufacturing PMI for April has shown si...
Bitcoin (btcusd) at possible support area
Bitcoin cycle from 3.10.2023 low has ended with wave 1 at 31035. Internal subdivision of wave 1 unfolded as a 5 waves impulse. Wave ((i)) ended at 208...
Germany april flash manufacturing pmi 44.0 vs 45.7 expected
Prior 44.7Services PMI 55.7 vs 53.3 expectedPrior 53.7Composite PMI 53.9 vs 52.7 expectedPrior 52.6Similar to the French report earlier, there is a di...
S&p 500 grinds major resistance
NZD/USD tests support The New Zealand dollar fell after the Q1 data showed a clear slowdown in inflation. The pair is struggling to preserve its gains...
The dollar still looks fragile
Markets Recent hawkish repositioning yesterday did run into resistance. The US 2-y and 10-y yield failed to overcome resistance at 4.26% and 3.64% res...
Focus increase on the us debt ceiling
Market movers today PMI figures will draw markets’ attention today. In the euro area, services will probably remain the main growth (and inflation) ...
France april flash services pmi 56.3 vs 53.4 expected
Prior 53.9Manufacturing PMI 45.5 vs 47.8 expectedPrior 47.3Composite PMI 53.8 vs 52.7 expectedPrior 52.7It's a bit of a diverging report as the servic...
European equities little changed at the open
Eurostoxx +0.1%Germany DAX flatFrance CAC 40 +0.2%UK FTSE flatSpain IBEX -0.2%It's a bit of a mixed start with US futures also not hinting at much. S&...
Dollar creeps higher as the push and pull continues on the week
The dollar is nudging higher now as we get into European trading, as the back and forth action among major currencies continues to play out. EUR/USD i...
Intraday analysis – s&p 500 grinds major resistance
NZDUSD tests support The New Zealand dollar fell after the Q1 data showed a clear slowdown in inflation. The pair is struggling to preserve its gains ...
Eur/usd analysis ahead of pmi data signals $1.10 whipsaw
EUR/USD Technical View: The technical outlook for the EUR/USD is optimistic on the weekly chart, finding some comfort north of support at $1.0888. Tec...
Uk retail sales volume down -0.9% mom in mar, value down -0.9% mom
In volume term, UK retail sales fell -0.9% mom in March, below expectation of -0.5% mom. Ex-fuel sales declined -1.0% mom, below expectation of -0.7% ...
