Technical Analysis
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Trade of the day – US100
Facts: Azure revenue grew 82% YoY , Google Cloud revenue increased 32% YoY , and AWS revenue rose 37% YoY…
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Euro Area core inflation above estiamtes! EURUSD under key resistance!
11:00 CET, Euro Area, inflation data for July: Eurozone Core CPI YoY Flash Actual 2.5% (Forecast 2.4%, Previous 2.4%) Eurozone…
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Chart of The Day – EUR/USD after the Fed meeting. The market scales back rate hike expectations
Friday’s session on EURUSD is focused on the market’s continued assessment of Wednesday’s Federal Reserve meeting and the latest macroeconomic…
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Bitcoin, Ethereum, Ripple – BTC eyes 50-day EMA breakout, ETH consolidates, XRP steadies
Bitcoin nears the 50-day EMA at $64,916 on Friday, a breakout suggests gains ahead. Ethereum consolidates between the 50-day and…
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Bitcoin stalls below $65,000 – UNI, PUMP lead gains
Bitcoin trades below $65,000 on Friday, capped below its 50-day EMA at $64,921. Crypto market sentiment holds firm with the…
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GBP/USD Price Forecast: Weakens below 1.3450 while technical uptrend stays intact
GBP/USD loses momentum to near 1.3445 in Friday’s early European session. Iranian official said the US will ‘pay the price’…
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EUR/GBP Price – Euro is testing trendline support at 0.8555
EUR/GBP stalls at 0.8555 after pulling back from four-week highs at 0.8585. A divided BoE and Governor Bailey’s comments hinting…
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EUR/USD Price Weakens to near 1.1500 as 100-day SMA caps upside
EUR/USD weakens to near 1.1500 in Friday’s early European session. The pair keeps a bearish vibe in the near term…
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Gold drifts lower as USD recovers amid Fed hike bets and geopolitical tensions
Gold meets with a fresh supply on Friday as the USD rebounds from a one-and-a-half-month trough. Escalating US-Iran tensions keep…
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XAG/USD declines to near $58.40 as US Dollar regains ground
Silver price tumbles to near $58.40 as the US Dollar attempts to snap a three-day losing streak. The Fed left…
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