Technical Analysis
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GBP/USD Price – Slides below 1.3250 after failing to break through 23.6% Fibo.
GBP/USD attracts fresh sellers on Wednesday as traders await speeches from central bank chiefs. The broader technical setup favors bearish…
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Bitcoin in a Bear Market – Crypto Quarterly Review
Bitcoin had a disastrous start to the year and an equally weak second quarter, during which the rally toward $81,000…
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Trade of The Day – GBP/AUD
Facts: GBPAUD is trading above the 100-period moving average form D1 interval The pair broke above the key resistance at…
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USD/JPY has broken through a historic barrier — the yen is at its weakest since 1986
The Japanese yen reached 162.27 JPY per dollar, its lowest level in more than four decades. The USD/JPY pair thus…
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European and U.S. Stocks Gain – Morgan Stanley Sees Upside in Europe
Key takeaways European stock markets are rising on Tuesday, driven by renewed optimism in the technology sector. Morgan Stanley expects…
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Chart of The Day – Gold rebounds above $4000 – Goldman Sachs reaffirmed the forecast
Although gold has fallen by nearly 30% since late January , and is down around 24% since the outbreak of…
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UK GDP growth lower than expected, German retail sales higher than expected
The UK’s economy grew by 0.9% year-over-year in the latest reading, missing both the previous figure and market expectations of…
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Oil loses 30% in a quarter – Morgan Stanley cuts forecast again
The oil market is changing direction rapidly. Until recently, investors were worried about supply disruptions through the Strait of Hormuz…
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Will the AI boom force Apple to use memory chips on the Pentagon’s “blacklist”?- A U.S. senator responds
Apple (AAPL.US) has found itself at the center of a serious geopolitical and regulatory dispute—the company is actively lobbying the…
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Technical Analysis – EUR/USD
Since mid-April, the EUR/USD pair has been trending downward. Recently, new lows were set and the March lows were broken,…
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