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Gold prices edge up
SJC gold price gained 0.07% to VND67.65 million ($2,841.24) per tael Friday morning. Gold ring price was stable at VND56.75 million per tael. A tael e...
Bitcoin remains nowhere near gold
It’s been interesting to track the crypto markets in recent months, with the normally-volatile asset class being uncharacteristically calm. Amid a s...
Usd/cad outlook: dollar’s winning streak extends to fifth week
Investors expect that US interest rates will remain elevated. Most members of the Fed rate-setting committee still perceive “significant upside risk...
Gold price and crude oil price signal negative trend
Gold price is moving lower from the $1,930 resistance. Crude oil price is also declining and showing bearish signs below $80.00. Important Takeaways f...
Understanding cryptocurrency inflation and deflation
How does inflation affect cryptocurrency? In this article, we answer “What is inflation?” and “What is deflation?” in the context of cryptocur...
Ngx: profit taking activities further dips the equities market by 0.3%
Notably, investors took profit on symbols such as Nascon, Union Bank of Nigeria, United Capital, Zenith Bank, Access Holdings, Lafarge Africa, United ...
Gbp/usd outlook: cable eases on downbeat uk data, but needs to clear key supports to signal reversal
Daily studies are bearishly aligned as momentum indicator remains in the negative territory and RSI is heading south, with sustained break below the b...
Gbpjpy switches to losses near 8-year high
GBPJPY turned red after its one-week-old 3.2% rally reached an 8-year high of 186.45 near a trendline area. The longer-term ascending line from May 20...
Jasper’s market squawk 18-08-2023
Yields Weigh on Risk Appetite Stock markets worldwide finished in the red, with the US yield curve moving towards de-inversion as the long-end rose du...
Usdcad extends steep advance to 2-month peak
USDCAD had been trending higher in the short term after finding its feet at the 10-month low of 1.3091 in mid-July. Moreover, the pair has sliced thro...
Eurusd and gbpusd: eurusd slips below 1.09000 level
EURUSD and GBPUSD: EURUSD slips below 1.09000 level Since the beginning of the week, EURUSD has been in a bearish trend, forming a new low at the 1.08...
Gbp/usd: cable eases on downbeat uk data, but needs to clear key supports to signal reversal
GBP/USD dips on Friday morning following much bigger than expected drop in UK retail sales, which fell by 3.2% in July after 1.6% drop in June and str...
Gbp/jpy daily outlook
Daily Pivots: (S1) 185.52; (P) 185.99; (R1) 186.41; More… Intraday bias in GBP/JPY is turned neutral with current retreat. Firm break of 184.67 mino...
Usd/jpy drops as evergrande bankruptcy application spurs safety bid
Japanese inflation remained elevated but broadly inline with consensus. However, news out of China sees a lift in the yen as investors tap into US tre...
Usd/jpy: yen’s oversold conditions and threat of interventions a to exacerbate any downside corrections – ing
USD/JPY is trading on the soft side. Economists at ING analyze the pair’s outlook. Incidentally, the pair is well into FX intervention territory but...
Eur/jpy daily outlook
Daily Pivots: (S1) 158.11; (P) 158.73; (R1) 159.21; More…. Break of 158.17 minor support indicate short term topping at 159.32. Intraday bias in EUR...
Dollar keeps more mixed so far on the day
The heavier bond yields today isn't quite affecting the dollar so much yet in European morning trade. It's a quiet start for the greenback as it holds...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8516; (P) 0.8537; (R1) 0.8551; More… Intraday bias in EUR/GBP stays on the downside despite today’s recovery. Decisive break ...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6908; (P) 1.6987; (R1) 1.7058; More… Intraday bias in EUR/AUD remains on the upside at this point. Current rally is part of the...
Uk retail sales fall more than expected
UK retail sales registered a bigger-than-expected fall in July as poor weather reduced footfall as the rising cost-of-living hurt household consumptio...
Darwin ai ftmo ea mt4 : free download
Darwin AI FTMO EA Review The rapidly-evolving world of Forex trading has witnessed the introduction of many sophisticated tools, each claiming to revo...
Usd/jpy drops as evergrande bankruptcy application spurs safety bid
Japanese inflation remained elevated but broadly inline with consensus. However, news out of China sees a lift in the yen as investors tap into US tre...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9537; (P) 0.9562; (R1) 0.9576; More… Outlook in EUR/CHF is unchanged and intraday bias remains neutral. On the upside, break of...
Spacex wrote down $373m worth of bitcoin owned in 2021-2022: report
Bitcoin holdings by Elon Musk-owned aerospace technology firm SpaceX have reportedly seen a significant decline over the past two years. SpaceX wrote ...
Technical analysis & forecast august 18, 2023
The downward trajectory of the S&P 500 index persists. Additionally, we'll delve into the dynamics of EUR, GBP, JPY, CHF, AUD, Brent, and Gold in this...
Eur/usd to see a boring sideways trade – commerzbank
EUR/USD is still range bound around the 1.09 mark. Economists at Commerzbank analyze the pair’s outlook. Since the start of the week, the pair has a...
Latest wti move: correction or rebound?
The oil market has been showing some confusing signals of late, which has contributed to extra volatility over the summer. Yesterday was a microcosm o...
Coinbase responds to canadian regulations: suspends usdt, dai, and rai stablecoins
The US-based cryptocurrency exchange, Coinbase has announced its decision to halt trading of prominent stablecoins, namely Tether (USDT), Dai (DAI), a...
Usd/jpy extends its loss above 145.00 amid usd weakness
USD/JPY loses momentum below mid-145.00s, retracing from a Year-To-Date (YTD) high of 146.56. The Japanese National Consumer Price Index (CPI) for Jul...
Usd/jpy daily outlook
Daily Pivots: (S1) 145.46; (P) 146.01; (R1) 146.40; More… Intraday bias in USD/JPY remains neutral for consolidation below 146.55. On the upside, su...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3510; (P) 1.3533; (R1) 1.3568; More…. USD/CAD’s rally is still in progress and intraday bias stays on the upside. As noted be...
Aud/usd daily report
Daily Pivots: (S1) 0.6362; (P) 0.6407; (R1) 0.6448; More… AUD/USD’s decline is still in progress and intraday bias stays on the downside. Next tar...
Intraday analysis – spx500 breaks lower
AUDUSD tests resistance The Australian dollar weakened after an uptick in July’s unemployment rate. The pair is still struggling to stabilise after ...
Gold hopes to snap losing streak this week but the technical picture remains poor
Gold has fallen in each of the last four days this week and looks set for a fourth straight weekly decline as well. It's not been pretty for gold pric...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8761; (P) 0.8785; (R1) 0.8810; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the upside, sustain...