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Crypto

Bitcoin’s final countdown to 109K? Counting with caution
iangle… up above the sky!” In our previous update, we highlighted a contracting triangle forming between 91K–95K, anticipating a breakout toward the 98K–100K zone. That…
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Energies

WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data
WTI kicks off the new week on a softer note, though the downtick lacks bearish conviction. The uncertainty over Iran-US…
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Economics

Economic Calendar – EU Inflation in The Spotlight
Monday’s economic calendar is typically light. The overnight data from China carry the most weight for market sentiment and FX:…
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Markets

Week Ahead: A US debt downgrade and UK CPI
This week we should be talking about how in May, US equities have outperformed their European counterparts. However, instead the…
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Markets

Mid-Morning Market Update
Wall Street closed in the green on Friday (S&P 500: +0.7%, Nasdaq: +0.5%, DJIA: +0.78%, Russell 2000: +0.9%), but U.S. index futures slipped into losses after Moody’s Ratings cut the…
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Forex

USD/CHF trades near 0.8350, pulls back from recent gains due to market caution
USD/CHF depreciates as the US Dollar struggles following Moody’s decision to downgrade the US credit rating by one notch. US…
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Forex

USD/INR rises on strong importer demand, foreign fund outflows
The Indian Rupee continues to weaken amid renewed USD demand from importers and persistent foreign fund outflows. USD/INR may face…
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Metals

XAG/USD remains below $32.50, upside seems possible due to US economic uncertainty
Silver price may rise following Moody’s decision to downgrade the US credit rating by one notch. The grey metal has…
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Forex

EUR/USD Seems vulnerable below 1.1200, 200-period SMA on H4 holds the key
EUR/USD trades with a positive bias on Monday amid a modest USD downtick. The setup warrants caution for bulls and…
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Forex

USD/CAD holds steady above mid-1.3900s amid mixed cues; remains confined in a familiar range
USD/CAD ticks higher on Monday as softer Oil prices undermine the commodity-linked Loonie. A downgrade of the US credit rating…
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