Technical Analysis
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EUR/JPY: Bullish outlook remains in play near 164.50
EUR/JPY loses traction to around 164.40 in Wednesday’s early European session. The positive view of the cross prevails above the…
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Bitcoin, Ethereum, Ripple: BTC eyes $105K breakout, ETH holds key support, XRP targets $3
Bitcoin price inches closer to the critical $105,000 resistance; a daily close above could open the path toward its all-time…
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AUD holds gains as US Dollar struggles due to improved risk sentiment
The Australian Dollar holds ground as the US Dollar weakened following softer-than-expected US inflation data. Australia’s Wage Price Index rose…
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XAG/USD slides back closer to mid-$31.00s; down nearly 1% for the day
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout…
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JPY builds on steady intraday ascent and drags USD/JPY to 147.00 mark
The Japanese Yen strengthens against the USD for the second straight day on Wednesday. The prospects for further policy normalization…
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Gold price bears flirt with 200-period EMA pivotal support on H4 amid US-China trade optimism
Gold price drifts lower as the US-China trade truce optimism undermines safe-haven demand. Tuesday’s US CPI print reaffirms Fed rate…
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Trade of The Day – USD/CHF
USDCHF bounced off key support at 0.8403 The pair is trading in an upward channel from 7th of May Recommendation: Trade:…
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Coinbase to Enter The S&P500′ Shares Gain 9%
Shares of Coinbase (COIN.US), one of the largest cryptocurrency exchanges, are gaining over 9% before the opening of today’s session after…
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Markets Take a Breather After Yesterday’s Events
Stock markets are on pause this morning, after strong gains at the start of this week. Stocks in Europe have…
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Chart of The Day – Nasdaq 100
The Nasdaq 100 index retreated 0.5% to 20,824 points on Tuesday, cooling after Monday’s explosive 4.4% rally as investors awaited…
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