Technical Analysis
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EUR/USD – Recommendation From BNP Paribas
BNP PARIBAS RESEARCH has issued a recommendation for the EURUSD currency pair. BNP recommends taking a long position on the…
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Bitcoin Extends It’s Weekend Sell-off
The price of Bitcoin fell in the morning trading hours to 74,500 USD. The declines were mainly caused by a…
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Chart of The Day – USD/CHF
The Swiss franc (USDCHF: -1.5%) is leading the G10 currencies today as investors sell off U.S. dollars amid concerns over…
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Nasdaq futures fall off a cliff, wiping out 2024 rally
The weekend did not bring any calm to the markets. China’s retaliation in a form of 34% tariffs on all…
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JPY remains on the front foot as global meltdown underpins safe-haven demand
The Japanese Yen struggles to build on the Asian session gains amid reduced BoJ rate hike bets. The prevalent risk-off…
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US Dollar lifted by Nonfarm Payrolls surprise and Powell’s cautious stance
DXY climbs near the 103 zone on Friday as strong job numbers offset ongoing tariff uncertainty. Fed Chair Powell warns…
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Mexican Peso plunges as US-China trade war escalates, Powell pushes back on rate cuts
Mexican Peso tanks as USD/MXN spikes to 20.45 after China retaliates with 34% tariffs China strikes back with 34% duties…
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Dow Jones Industrial Average plummets as equities get pulverized by tariff tantrum
The Dow Jones got dragged into the depths on Friday, plummeting nearly 2,000 points. It’s the single worst day for…
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Gold price slides as Powell warns on tariff-driven inflation
XAU/USD is pressured by the Fed’s hawkish tone and a liquidity crunch. Powell signals tariffs could reaccelerate inflation, cooling rate…
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Australian Dollar collapses below 0.6050 as markets brace for RBA rate cuts
AUD/USD tumbles toward the 0.6050 region during Friday’s American session, marking a sharp intraday plunge. Trump’s aggressive tariffs spark fears…
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