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Usd/jpy at three-week highs as buyers look for further upside

The pair is now trading at the highs for the day with gains stretching to roughly 100 pips. The levels above 142.00 are the highest since 10 July and ...

July 31, 2023, 7:54 am

Eur/usd weekly outlook

EUR/USD’s fall from 1.1274 short term top extended last week and hit as low as 1.0942. Further fall is expected this week as long as 1.1148 resistan...

July 29, 2023, 9:41 am

Gbp/usd weekly outlook

GBP/USD’s decline from 1.3141 continued last week despite interim recovery. Further decline is in favor this week. Break of 1.2761 will target 55 D ...

July 29, 2023, 9:30 am

Gbp/jpy weekly outlook

GBP/JPY dropped sharply to as low as 176.29 but rebounded strong well ahead of 38.2% retracement of 155.33 to 183.99 at 173.04. The development ...

July 29, 2023, 9:04 am

Eur/jpy weekly outlook

EUR/JPY dropped sharply to as low as 151.39 last week, but recovered strongly ahead of 38.2% retracement of 139.05 to 157.99 at 150.77. The developmen...

July 29, 2023, 8:57 am

Prominent trader brandt says bitcoin halving and etf are negligible events

Peter Brandt, a well-known trader and market analyst, has expressed differing opinions on two Bitcoin events. He ...

July 28, 2023, 3:14 pm

Eur/usd mid-day outlook

Daily Pivots: (S1) 1.0912; (P) 1.1031; (R1) 1.1096; More… EUR/USD recovered after dipping to 1.0942 but further decline is still in favor as long as...

July 28, 2023, 1:21 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2720; (P) 1.2858; (R1) 1.2934; More… GBP/USD recovers notably after dipping to 1.2761 earlier today. But for now, further decli...

July 28, 2023, 1:06 pm

Former anheuser-busch exec says layoffs should've included ceo: 'there's no future at this company'

A former Anheuser-Busch executive and now-fierce critic argues the current CEO did not uphold his fiduc...

July 28, 2023, 12:20 pm

Eur/usd daily outlook

Daily Pivots: (S1) 1.0912; (P) 1.1031; (R1) 1.1096; More… EUR/USD’s fall from 1.1274 continues today and intraday bias remains on the downside. Su...

July 28, 2023, 3:31 am

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2720; (P) 1.2858; (R1) 1.2934; More… GBP/USD’s fall from 1.3141 resumed by breaking 1.2796 support. Intraday bias is back on ...

July 28, 2023, 3:21 am

Rba board to raise cash rate by 25 basis points at august meeting, maintain tightening bias

The Reserve Bank Board meets next week on August 1. Westpac has consistently argued that a further incr...

July 28, 2023, 2:03 am

Westpac expects the reserve bank of australia to hike cash rate by 25 bp next week

more to comeIn summary from WPAC:The Board is expected to be guarded on the positive news on headline inflation for the June quarter. Just as we saw a...

July 28, 2023, 1:55 am

Grayscale argues sec should approve all bitcoin etfs at the same time

Grayscale says the SEC should not be in the business of picking winners and losers and should therefore approve all Bitcoin ETF applications. Read Ful...

July 28, 2023, 1:14 am

Usd/jpy daily outlook

Daily Pivots: (S1) 139.73; (P) 140.46; (R1) 140.98; More… Breach of 139.74 minor support argues that ...

July 27, 2023, 6:00 am

Eur/usd mid-day outlook

Daily Pivots: (S1) 1.1022; (P) 1.1054; (R1) 1.1088; More… Intraday bias in EUR/USD stays neutral at this point. Near term outlook will stay bullish ...

July 26, 2023, 2:00 pm

Transocean's fleet status report indicates a healthy backlog

Transocean's fleet status report exceeded analysts' expectations, with a backlog totaling $9.2 billion, largely due to new contract announcements. Des...

July 26, 2023, 1:11 pm

3 companies buying back billions of their stock

Wall Street felt like the 1% tax on share repurchases would slow companies buying back stock. That didn't happen, The Wall Street Journal ...

July 26, 2023, 5:02 am

Eur/gbp mid-day outlook

Daily Pivots: (S1) 0.8612; (P) 0.8636; (R1) 0.8653; More… EUR/GBP’s break of 0.8619 minor support argue...

July 25, 2023, 1:12 pm

New north sea oil back in court day after shell beats activists

Greenpeace will clash with the government in court on Tuesday over the latter's granting of new licenses for North Sea oil and gas companies. Campaign...

July 25, 2023, 7:06 am


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