Subscribe To
Aud/usd price analysis: treading water above 0.6400, bounces back from weekly low
AUD/USD trades higher, rebounding from the weekly low marked on Thursday. 5-day EMA emerges as the resistance lined with 0.6450 psychological level. P...
Gbp/usd price analysis: stuck in a range around mid-1.2700s, 23.6% fibo. level
GBP/USD lacks any firm directional bias and oscillates in a narrow trading band on Friday. A modest USD downtick lends some support, though recession ...
European economic news preview: uk retail sales data due
Retail sales from the UK and final inflation from the euro area are the top economic news due on Friday. At 2.00 am ET, the Office for National Statis...
Uk retail sales on the agenda today
The bond market break may just have to wait for a bit more. That's the verdict as we look towards European trading today and the dollar is taking some...
Chart art: gbp/chf long-term inflection points
This pound pair looks ready to bounce off its long-term range support again! How high can it go this time?......
Dax index: dax stocks sway as hawkish fed meets china’s economic woes
Dax stocks navigate a bearish landscape, driven by China’s downturn and looming Federal Reserve decisions affecting the broader Dax Market. The post...
Weekly news summary for august 11 to august 17
Weekly news summary for August 11 to August 17 Friday, Aug. 11: US PPI Beats Expectations as Services Costs Climb US wholesale inflation surged slight...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0847; (P) 1.0883; (R1) 1.0908; More… Intraday bias in EUR/USD stays on the downside at this point, even though downside momentu...
Dollar struggling to gain momentum despite global market shakeup
In the face of mounting tumult across stocks, bonds, and the crypto realm, the currency market projects an island of relative calm. Despite the extend...
Bitcoin plunge spurs liquidations as spacex’s token sale weighs
Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A report of Elon Musk’s ...
Us indices’ rally is cracking: s&p 500, nasdaq price action
The upward pressure in the S&P 500 and the Nasdaq 100 index is finally fading -- at least for now. How much more downside for US indices?......
Usd/cad price analysis: trades within the ascending trend-channel, key contention is seen at 1.3500
USD/CAD pair trades within the ascending trend-channel since August 10 on the one-hour chart. The immediate resistance level to watch is 1.3550; the k...
Cnh strengthens on intervention talk – jpy breaks losing streak – gold breaks key support
USD was choppy with the US Dollar Index ending the session flat in range bound trade. Unemployment claims dropped to 239k from 250k the prior week whi...
Pound to euro outlook: gbp/eur exchange rate rises on sterling optimism
The Pound Euro (GBP/EUR) exchange rate firmed through Thursday’s European session, excepting a brief dip in the morning as the Eurozone’s trade ba...
The human cost: ‘every summer has really been a struggle’: this mom earns $2,000 less per month while her children are on break from school
School vacations have a similar effect on women’s jobs as the pandemic, experts say. Read Full Story The post The Human Cost: ‘Every summer has re...
Bond bulls make a bit of a stand for now
10-year yields in the US clipped the 4.30% mark yesterday but are pushing back lower by nearly 6 bps to 4.249% currently. The former is a key line in ...
Gold price falls rs 380 to rs 59,020; silver dips rs 500 to rs 72,500
The price of 24-carat gold declined Rs 380 during Wednesday’s early trade, with ten grams of the precious metal selling at Rs 59,020, according to t...
Eur/usd moves away from multi-week low on softer usd, lacks bullish conviction
EUR/USD attracts some buyers on Friday and draws support from a modest USD downtick. The Fed’s hawkish outlook should limit any meaningful USD slide...
Usd/jpy could correct lower below this support
Key Highlights USD/JPY climbed higher toward 146.50 before the bears appeared. It traded below a key bullish trend line with support at 145.95 on the ...
Market turbulence: bitcoin crash and nasdaq selloff
Markets witnessed Bitcoin’s dramatic plunge over the last 12 hours, fueled by a succession of negative headlines: the escalating Ripple-SEC legal dr...
Nzd/usd struggles to capitalize on its modest recovery gains, remains below mid-0.5900s
NZD/USD recovers further from the YTD trough touched on Thursday, though lacks follow-through. Retreating US bond yields weigh on the USD; hopes for m...
Gold price forecast: xau/usd struggles to move toward $1,900, focus shifts to jackson hole symposium
Gold price trades higher but faces challenges in its attempt to reach the $1,900 mark. Bears are still active as US data continues to show stronger fi...
Bitcoin and ethereum now less volatile than oil: report
Bitcoin and Ethereum Appear To Be Experiencing A Period Of Reduced Volatility Bitcoin and Ethereum, well-known for their erratic price fluctuations, a...
Why did bitcoin drop? analysts point to 5 potential reasons
Elon Musk’s SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant and fears of interest rate hikes have b...
Bitcoin and broader crypto market fall sharply after fed signals more rate hikes
Following the U.S. Federal Reserve’s indication of retaining a hawkish stance as indicated in the meeting minutes published on August 16, Bitcoin an...
Rbnz assistant governor silk says slowdown in china, easing global growth a risk
Reserve Bank of New Zealand Assistant Governor Karen Silk spoke with Reuters in an interview. Said that there were "definitely reasons to be concerned...
Gold price correlating with the u.s. dollar
video Struggling Chinese property conglomerate Evergrande Group filed for Chapter 15 bankruptcy protection with a New York federal court on Thursday. ...
Gold, copper, energy and cocoa: hot or not?
Tracey and Jeremy did a video podcast, in addition to audio, where Jeremy shares his take on the charts of key commodities, like gold, as well as seve...
Usd/jpy price analysis: rising wedge confirmation, upbeat japan inflation and softer yields favor bears
USD/JPY extends the previous day’s pullback from YTD high, stays pressured near intraday low of late. Confirmation of bearish chart formation, pullb...
Forecast for two 15bp rate cuts to come from the people's bank of china on monday
I posted earlier on the Loan Prime Rate setting coming up from the People's Bank of China on Monday:People's Bank of China is expected to cut loan rat...
Japan cpi core eased to 3.1% in jul, but core-core back at four decade high
Japan’s core CPI, which excludes fresh food, eased slightly from 3.3% yoy in June to 3.1% yoy in July, aligning with market expectations. Notably, t...
Man found dead at cad after ammo demolition
Nagpur: A civilian was found dead within the boundaries of the Army’s Central Ammunition Depot (CAD) at Pulgaon, nicknamed ‘Mecca of ammunition’...
Bitcoin prices forecast: sec moves and spacex write-down rock btc below $27,000
As BTC slides to sub-$27,000 levels, SpaceX’s $373 million write-down and SEC legal battles send ripples through the crypto market. The post Bitcoin...
Cliff notes: shifting risks and rhetoric
Key insights from the week that was. Beginning in Australia, the August RBA meeting minutes underscored the Board’s growing confidence in charting a...
Forexlive asia-pacific fx news wrap: usd loses some ground
People's Bank of China is expected to cut loan rates next weekECB's Lane will be speaking Friday, 18 August 2023 on Inflation - live linkTD like NZD/C...
