Technical Analysis
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Euro Wanes as German Manufacturing Plunges Amid Mixed Eurozone PMI Readings
The Euro is trading lower following the release of the final preliminary Purchasing Managers’ Index (PMI) data for December, which…
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NFP preview: Complex data release to determine what Fed does next
The long wait is over, and the Bureau of Labor Statistics in the US will release nonfarm payrolls reports for…
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Trade of The Day – USD/JPY
Facts: USDJPY has moved below the 10-day and 30-day exponential moving averages (EMA10 – yellow, EMA30 – light purple). The…
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GBP/AUD – Recommendation From MUFG
MUFG has published a recommendation for the GBPAUD currency pair. MUFG recommends taking a short position on the following conditions:…
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Crypto News – Bitcoin Slides Below $90k, Cryptocurrencues Under Pressure
Last week, despite dovish signals from the Federal Reserve, which initiated technical quantitative easing (QE) and cut interest rates, proved…
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Pound Sterling steadies as BoE decision, key UK data loom
The Pound Sterling trades with caution at the start of the week ahead of key UK data and the BoE’s…
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EUR/USD fluctuates near highs in cautious markets ahead of a busy week
EUR/USD is consolidating recent gains on Monday, supported above 1.1720 The increasing monetary policy divergence between the ECB and the…
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Gold climbs to seven-week highs on Fed rate cut bets, safe-haven demand
Gold attracts some buyers in Monday’s early European session, up 1.0% on the day. Fed rate cut expectations and safe-haven…
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Chart of The Day – CHN.cash
Futures on the Hang Seng China Enterprises Index (HSCEI; CHN.cash) fell nearly 0.7%, with sentiment hit by a combination of…
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Today Markets – The Week Ahead
The Week Ahead: Gold within touching distance of record high, as more rate cuts on the cards As we enter…
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