Technical Analysis
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WTI declines below $59.50 as bearish outlook prevails
WTI price declines to near $59.25 in Tuesday’s Asian session. Geopolitical tensions might cap the WTI’s downside. The immediate resistance…
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GBP/USD slides as UK budget strains and US labor data weigh
GBP/USD fumbled early-session gains, reversing course and falling over 0.5% top-to-bottom. UK government budget difficulties are weighing on the Pound…
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Bitcoin Drops 5% – Market Returns to Sell-Off Mode
Cryptocurrency prices are falling at Monday’s market open, tracking weakness in US index futures, with US100 down nearly 1 percent…
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Recommendation ANZ – NZD/CAD
ANZ issued a recommendation for NZDCAD currency pair. ANZ recommends taking a long position on the pair with following levels:…
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Chart of The Day – USD/JPY
USDJPY begins December by sliding 0.5% in reaction to the latest comments from the Bank of Japan (BOJ) Governor, who…
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The Week Ahead – Risk come back stalls, as crypto slides
The narrative has abruptly shifted on Monday. After a powerful rally that helped US and European stocks reverse earlier losses…
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Bitcoin, Ethereum, XRP face major losses as December begins
Bitcoin is down over 4% on Monday, risking a revisit to $80,000 as the Bank of Japan warns of interest…
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XAG/USD rises to record high above $57.50, overbought RSI may limit gains
Silver price jumps to an all-time high around $57.60 in Monday’s Asian session. The white metal keeps the bullish view,…
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Japanese Yen climbs to over one-week top vs USD amid divergent BoJ-Fed expectations
The Japanese Yen kicks off the new week on a positive note amid rising BoJ rate hike bets. A softer…
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Novo Nordisk – Is it Time For Growth?
In recent months, Novo Nordisk has emerged as an example of a dramatic shift in market sentiment and company situation.…
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