GDP Soars Above ForecastsThe US Dollar is trading higher today on the back of the latest set of US economic data yesterday. US GDP for the last quarter was seen surging higher to 2%. This was a stark...
USDCHF H4 | Potential resistance at 50% Fibo
TitleUSDCHF H4 | Potential resistance at 50% FiboTypeBearish ReversalPreference:Price could approach the pivot point at 0.90059 and potentially reverse to drop towards the 1st support at...
AUDUSD H4 | Bearish reversal from 23.6% Fibo
TitleAUDUSD H4 | Bearish reversal from 23.6% FiboTypeBearish Reversal Preference:Price could approach the pivot point at 0.6668 and potentially reverse to drop to the 1st support at...
Mixed CPI DataEUR is coming under fresh selling pressure today on the back of the latest set of eurozone inflation readings which offered mixed results. CPI for the single customs bloc was seen...
Bitcoin Rally Stalled by Hawkish Fed Expectations
Better US DataFollowing a sharp move higher last week, Bitcoin prices have stalled this week as hawkish Fed expectations have side-tracked the rally. A raft of better-than-forecast US data his week...
Euro Stocks Stall On Hawkish Lagarde Comments
Hawkish ECB CommentsThe DAX continues to hold within the 15642.76 – 16278.35 range this week. Hawkish comments from ECB’s Lagarde at the bank’s Sintra Symposium have acted as a headwind, keeping...
Options Market Eyeing July BOJ Move
Ueda Hints at Potential Policy ShiftIn the first clear sign that the BOJ is contemplating a shift in policy, BOJ’s Ueda told markets yesterday that the bank sees good reason for a shift in policy into...
Bitcoin at a Crossroads: What’s Next?
The price of Bitcoin keeps testing the resistance level of 31000; therefore, it might rebound and drop anytime soon. However, potential pennant formation on the chart might help Bitcoin break this...
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